XRP's price remains near the $1 mark but shows a bullish divergence in the Relative Strength Index (RSI), suggesting that bearish momentum is weakening despite a continuing downtrend. The RSI is rising while the price hits lower lows, indicating potential for a momentum shift if XRP can break above resistance levels at $1.04 and $1.07. However, sellers still control the market, and a drop below $1 could lead to further declines. Network activity remains strong, with daily transactions exceeding one million, adding context to the technical signals. Investors should watch for confirmation of price recovery before assuming a trend reversal.
Ripple Labs CEO Brad Garlinghouse stated the company is now more neutral about pursuing an IPO, after being private for a long time. Ripple aims to reach a $1 billion annualized revenue run rate by the end of 2026, excluding XRP sales, despite a bear...
Ripple minted $449.3 million worth of its stablecoin RLUSD on the XRP Ledger over a 30-day period. However, it burned $448.9 million of this amount during the same timeframe, effectively removing 99% of the newly issued tokens. This large-scale minti...
Ripple CEO Brad Garlinghouse emphasized the company's role as a bridge between traditional finance (TradFi) and decentralized finance (DeFi), highlighting Ripple's 75 global licenses and a U.S. court ruling that XRP is not a security. He expects Ripp...
XRP's open interest on Binance has reached a two-month high, signaling increased trader activity in derivatives despite its price hovering near $1. On-chain XRP Ledger transactions over $1 million have surged 280% in 24 hours, with active addresses h...
XRP price remains steady near $1, supported above $0.99, amid fading bearish momentum. A significant White House meeting involving President Trump, SEC Chair Paul Atkins, CFTC Chief Michael Selig, and executives from Coinbase, Ripple, and others is s...
