XRP may be poised for a short-term rebound as technical indicators like the Tom DeMark Sequential '9' buy signal and a Morning Star Doji pattern suggest a potential bullish reversal. However, confirmation depends on increased trading volume. Meanwhile, investors are closely watching the U.S. CLARITY Act, a cryptocurrency market bill facing unresolved legislative issues and uncertain support, with a possible Senate vote around July 20. XRP's near-term outlook hinges on both technical momentum and regulatory progress.
David Schwartz, former CTO of Ripple, clarified that while a payment concept by Ryan Fugger in 2004 predated Bitcoin by five years, the XRP token and XRP Ledger were launched in 2012, three years after Bitcoin's inception. Fugger's early design was a...
XRP futures markets saw a sharp 832% increase in long liquidations over the past week, with nearly $3 million in forced exits, indicating a significant deleveraging event. Open Interest dropped 11.1% monthly from $1.18 billion to $1.04 billion, refle...
XRP is hovering near a critical support level of $1.06, which traders see as pivotal for its short-term direction. Despite a modest daily rebound, XRP remains down over the past week and three months, reflecting cautious market sentiment. Key upcomin...
Ripple's XRP price fell to $1.02, its lowest since early February, after leveraged traders faced $9 million in liquidations, mainly on Binance. This forced selling reduced speculative pressure and lowered open interest on major exchanges, potentially...
Bitcoin and Ethereum showed minimal gains, trading mostly flat, while altcoins such as Solana and XRP outperformed with notable price increases. This pattern indicates a rotation-driven market where investors selectively move capital among tokens rat...
