XRP transactions managed by autonomous systems have surged by 77% in the past day, indicating increased activity in the XRP network. Meanwhile, the transaction volume for Ripple's USD stablecoin (RLUSD) has fallen by 32%, showing a decline in its usage. This shift suggests a growing preference for XRP transactions over the stablecoin within the Ripple ecosystem. Investors may want to watch how this trend develops and impacts the market dynamics of Ripple's assets.
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...
The Japanese yen surged sharply due to fears of Bank of Japan intervention and rising wholesale inflation, causing Bitcoin and other major cryptocurrencies to underperform in yen terms compared to their USD trading pairs. The yen jumped to 161.55 per...
XRP's price recovery has hit a major resistance near $1.12-$1.17, failing to break above key moving averages and a descending trendline. Despite some buying support and improved momentum indicated by higher lows and RSI recovery, the cryptocurrency r...
XRP faces resistance near $1.12-$1.17 but shows signs of buyer interest with higher lows and a recovering RSI. Shiba Inu remains weak, trading below key moving averages and risking new lows if support near $0.0000041 breaks. Solana has recovered abov...
Bitcoin has risen above $63,000, gaining about 2% in 24 hours, supported by falling oil prices and lower U.S. Treasury yields that have improved investor appetite for risk assets. Despite this price recovery, the Crypto Fear & Greed Index remains in ...
