XRP is trading at $1.08, down about 1% and 21% below its 200-day moving average. Price action is tight with mixed technical signals: MACD shows lost downtrend momentum, RSI is neutral, and stochastics hint at a short bounce. Open interest rose over 10%, with both institutional and retail traders heavily long, though sellers currently dominate trades. Analysts set year-end targets between $3 and $4 based on regulatory progress, but XRP's history shows major rallies often followed by steep drops, and it risks falling below $1 support soon.
South Korean authorities arrested three suspects and sought a fugitive in a major XRP staking scam that defrauded 71 investors of 3.4 million XRP, valued at about $8.55 million. The fraudsters created a fake website mimicking the Flare Network, promi...
XRP has reached a critical resistance zone around $1.09-$1.10, failing to break above the 50-day and 100-day moving averages after a recent decline. The price is consolidating near $1.08, with sellers active and buying volume low, indicating weak mar...
Cryptocurrency markets experienced mixed price changes with Bitcoin trading slightly down at $64,488 and Ethereum also dipping to $1,915. Other notable coins like Binance Coin and Zcash saw modest gains, while several altcoins faced declines. These f...
Ethereum's long positions in coin-margined futures surged to 66.02%, a 5.47 percentage point increase, highlighting growing bullish leverage among top derivatives traders. This rise reflects existing traders increasing their exposure rather than new ...
Gerber, an Ohio-based investment adviser managing $592 million, recently acquired 12,958 shares of the Franklin XRP ETF, signaling growing institutional interest in XRP investment products. This move follows other firms increasing their XRP ETF holdi...
