XRP has been trading within a tight range for 70 days, setting up for a possible breakout toward $2.03, which would represent about a 45% increase from its current price of $1.41. Technical analysis highlights $1.50 as a key resistance level; a decisive move above this could trigger a strong upward trend. Institutional interest is growing, with $81.63 million in ETF inflows in April, indicating accumulation by larger investors. May is seen as a critical month to watch for either a breakout or continued consolidation.
Tom Zschach, former SWIFT Chief Innovation Officer, has denied rumors that SWIFT plans to integrate or support XRP in its global financial messaging network. While SWIFT is developing a blockchain-based payment system focusing on tokenized bank depos...
XRP has seen a significant drop in open interest (OI) from over $1 billion in May to around $773.5 million, indicating reduced trader activity and lower demand. Binance's XRP reserves also fell, suggesting less selling pressure but no strong buying i...
XRP surged past the $1.10 resistance level, gaining 1.8% to reach $1.1065 on increased trading volume, signaling renewed retail interest as futures open interest rose to 2.14 billion XRP. Despite this, institutional investors remain cautious, with sp...
Tom Zschach, former Chief Innovation Officer at SWIFT, has firmly denied rumors that SWIFT plans to integrate or support the Ripple-linked cryptocurrency XRP. The speculation arose from claims that SWIFT would collaborate with public tokens like XRP ...
XRP surged past its recent resistance at $1.10 on a late-session volume spike, reaching $1.1065 and maintaining gains near session highs instead of falling back. This breakout, supported by increased trading volume, suggests $1.10 is now a key suppor...
