XRP is currently trading around $1.09, constrained by a descending trendline and a strong support level at $1.00. The token's price is stuck in a consolidation range, awaiting a catalyst to break out or fall further. The main potential trigger is the U.S. CLARITY Act, which could clarify XRP's regulatory status and boost institutional demand, but its timing remains uncertain. Analysts predict scenarios ranging from a bullish rally to $1.45–$2.20 if the bill passes, to a bearish drop below $1.00 if it stalls. Investors should consider XRP a high-risk, catalyst-driven trade with a clear support floor but significant regulatory and market risks.
Bitcoin held steady around $64,000 as spot Bitcoin ETFs saw net inflows of $79.2 million, even while other major cryptocurrencies like Ethereum, XRP, and Dogecoin dropped about 1% amid macroeconomic risk-off sentiment. Market data showed significant ...
Crypto analyst Ali Martinez suggests XRP price must close above $1.13 to trigger a rally towards $1.35, indicating a potential bottom. XRP is forming a symmetrical triangle on the 1-hour chart, with a breakout expected if it breaches the descending r...
The launch of Kimi K3 by Chinese AI startup Moonshot AI triggered a selloff in semiconductor stocks and risk assets, causing Bitcoin to fall below $64,000. The new AI model raised concerns about US chipmaker valuations, impacting tech stocks and spre...
On July 16, Bitcoin ETFs attracted $79.15 million in inflows, led by Blackrock and Fidelity, extending their positive streak to three days. In contrast, Ether ETFs experienced $28.04 million in outflows, with major funds like Grayscale’s Ether Mini T...
Evernorth, a crypto treasury firm holding over 470 million XRP, aims to list on Nasdaq via a SPAC merger, potentially under ticker XRPN. The company’s sole purpose is to hold XRP on its balance sheet, giving shareholders indirect exposure to the cryp...
