XRP dropped to around $1.18 after losing key support and hitting a fresh four-month low, pressured by a broad crypto market selloff. Large holders, or whales, sold or redistributed 60 million XRP in the past week, adding to the downward momentum. XRP ETFs, which had seen strong inflows in May, recorded net outflows recently, signaling weakening demand. Analysts watch support levels at $1.14, $1.10, and $0.84, with technical indicators pointing to continued short-term weakness unless XRP rebounds above $1.24.
XRP is attracting significant whale accumulation, with 380 million XRP bought near the $1 level, supported by a neutral RSI around 50, unlike other overbought altcoins. Institutional interest is growing, highlighted by Aviva Investors tokenizing a fu...
An analyst from Mango Research predicts XRP could fall to the $0.80-$0.91 range before a bullish reversal. XRP has been trading within a year-long descending channel, and a breakout above this channel could push the price to about $1.62. However, bea...
XRP price is trading around $1.03, close to the critical $1 support level, after failing to reverse its bearish trend. Technical indicators show sellers dominate, with XRP below major moving averages and weak momentum signals. A drop below $1 could l...
On August 11, cryptocurrency markets displayed mixed performance. XRP remains bearish, trading near $1.03 with resistance at $1.07-$1.18 and risk of further decline if it falls below $1.00. Zcash holds a stronger technical position above key moving a...
Ripple's validator voted in favor of two XRP Ledger amendments, XLS-65 and XLS-66, which introduce single-asset vaults and a fixed-term lending protocol at the ledger level. These changes aim to enable native lending services using XRP and other XRPL...
