Crypto analyst Egrag Crypto suggests XRP could be poised for a major long-term rally up to $27, even if it faces one last corrective drop. The key question is whether XRP has completed its macro bottom or if a final correction is still ahead, with support expected between $0.52 and $0.89. Technical patterns and rising on-chain activity support a bullish outlook, with Fibonacci targets at $7, $13, and $27. XRP's network activity has surged over 70%, indicating growing user engagement and potential accumulation by large investors.
Ripple has over 300 institutional partners, but about 60% use only its messaging and payment software without involving the XRP token. Only around 40% use On-Demand Liquidity (ODL), which requires XRP, and even then, banks rarely hold XRP directly as...
XRP's daily active addresses surged by about 72% from mid to late June, indicating increased network activity despite its price hovering near the $1 support level. This rise in on-chain activity, combined with institutional interest, suggests a possi...
Ripple CEO Brad Garlinghouse revealed that Ripple's ecosystem now handles about $16 trillion in annual financial flows, highlighting a major opportunity for XRP in institutional payments. Despite cryptocurrencies currently representing a negligible s...
Powerledger (POWR) surged nearly 17% on Upbit, driven by a spike in retail demand reflected in the exchange's Fear & Greed index hitting 97, an 'extreme greed' level. The token traded between 77.5 and 98.0 won with high volume, indicating aggressive ...
David Schwartz, Ripple's former CTO, highlighted ongoing front-running risks on the XRP Ledger where validators exploit early transaction visibility to gain unfair advantage. He proposed a new transaction reservation system called "ReservedTxns" and ...
