XRP futures trading volume reached a 6-month high driven by large investors (whales) accumulating positions ahead of the critical September 15 Senate vote. This surge coincides with institutional inflows into US spot XRP ETFs totaling $18.96 million, pushing combined assets under management to $1.48 billion. XRP's price broke a prolonged downtrend, peaking at $1.65 before consolidating around $1.40, supported by strong technical levels. The market is positioning for potential volatility and a bullish breakout above $1.50, which could lead to a retest of August highs.
Crypto analyst Dark Defender highlights $1.56 as a key resistance level for XRP, suggesting that surpassing it could trigger a double-digit price surge. His Elliott Wave analysis identifies $1.29 as support and outlines a completed ABC correction pat...
The XRP Ledger's planned bug fix, aimed at addressing a token-minting loophole and calculation issues, has been postponed to November due to a temporary drop in validator support. Validator backing briefly fell below the required threshold, resetting...
On October 21, altcoin spot ETFs experienced net inflows with XRP, Solana (SOL), Zcash (ZEC), and NEAR leading the gains. XRP spot ETFs attracted $708,515, reversing two sessions without flows, while Solana ETFs ended a 12-session outflow streak with...
XRP's 365-day MVRV ratio dropped to about 0.92 on October 20, indicating the market value of tokens that moved in the past year is roughly 8% below their realized value. Exchange reserves are high, with 11.81 billion XRP held in reserve wallets, wort...
XRP's cumulative volume delta (CVD), which measures the net buying versus selling volume over time, fell significantly from near zero in early October to about -1.18 billion by mid-October. This sharp decline indicates persistent net selling of XRP d...
