XRP is trading near $1.10, continuing its downward trend with network participation dropping to about 20,000 active addresses, the lowest in nearly a year. Despite large holders buying 70 million tokens, selling pressure remains strong, reflected by a negative Chaikin Money Flow indicator and subdued exchange volumes. Market sentiment is neutral with balanced long and short positions, and XRP must close above $1.29 on a 4-hour chart to confirm a bullish reversal. Failure to hold the $1 level could lead to further declines, while a breakout might push prices toward $1.64.
Cryptocurrency markets experienced varied price changes, with Bitcoin rising 1.81% to $66,529 and Ethereum increasing 1.41% to $1,924.58. Other notable gains include ADA up 4.95% and AAVE up 7.02%, while some coins like DEXE dropped sharply by 71.78%...
Russia's Parliament approved the Digital Currency and Digital Rights Law, establishing a legal framework for licensed crypto businesses effective September 2026. The law allows the Bank of Russia to license exchanges, brokers, asset managers, custodi...
The U.S. Senate is targeting July 23 for a vote on the CLARITY Act, a bill that would clarify regulatory oversight of digital assets by defining which fall under the SEC or CFTC. This legislation could reclassify XRP as a commodity, resolving its lon...
XRP has broken above a 66-day descending trendline, signaling a potential end to its prolonged downtrend and a return of bullish momentum. Analysts highlight that holding above the $1.13 resistance, now acting as support, is key for XRP to target the...
XRP's adoption continues to build with strong institutional interest and high transaction volumes, yet its price remains stuck between $1.09 and $1.13. Technical indicators show potential for a breakout above $1.13 targeting mid-$1.30s, supported by ...
