XRP's price fell 6.45% over the past week, underperforming top cryptocurrencies due to expectations of a Federal Reserve rate hike and uncertainty around the Senate's CLARITY Act vote. The token faces technical resistance near $1.34 and $1.40, with key support levels between $1.30 and $1.34. Upcoming events—the August CPI report, the Senate vote on September 15, and the Fed decision on September 16—will likely dictate XRP's near-term price direction. Despite strong ETF inflows earlier, increased XRP supply from Ripple's escrow releases has pressured the price downward.
XRP has been facing resistance around $1.53 for seven weeks but is forming a descending triangle pattern on the 4-hour chart, signaling a potential breakout. Analyst Ali Martinez expects XRP to rally to $1.62 if it breaks above the triangle's hypoten...
Trader Peter Brandt highlights a possible cup-and-handle pattern forming on XRP's chart, suggesting a bullish continuation if XRP breaks above $1.6572. After recovering from lows near $1.00 in August to around $1.52, XRP has consolidated near $1.50, ...
The XRPL stablecoin market grew by 14.6% in one week, reaching about $1.33 billion as of October 3, driven mainly by Ripple's RLUSD stablecoin, which accounts for roughly 93% of the total value on the XRPL. RLUSD's circulation has surpassed $2.4 bill...
XRP is approaching a critical resistance level at $1.53, with analyst Ali Martinez noting that a four-hour close above this price could confirm a move toward $1.62, representing about 7% upside. Despite previous attempts to break above $1.50, XRP has...
Ripple announced plans to activate credit-related pilots by 2027 that use XRP tokens as collateral in lending-protocol liquidity pools to finance customer payments. This approach differs from XRP's usual role as a fast bridge asset, as collateralized...
