XRP is showing signs of bullish momentum, trading around $1.13 and forming an ascending triangle pattern on its daily chart. This pattern suggests buyers are gaining control, with higher lows indicating growing demand. Key resistance lies at the 50-day EMA near $1.17; a breakout above this could lead to a rally toward $1.24 and possibly $1.30. However, XRP remains below longer-term averages like the 200-day EMA at $1.44, so the broader trend is not fully bullish yet. Traders are watching closely for confirmation of a sustained recovery or a potential drop if support fails.
S&P Global has excluded Bitcoin (BTC) and XRP from its crypto index because these cryptocurrencies do not generate revenue, despite their large market caps. This change reflects a shift in the index's criteria, prioritizing revenue-generating project...
XRP, Cardano (ADA), Stellar (XLM), and Bitcoin (BTC) are showing early signs of bullish recovery after periods of decline. XRP is forming an ascending triangle with rising support, indicating potential for a longer recovery if resistance levels are o...
The 40 largest XRP wallets collectively hold 55.84 billion XRP, but much of this is tied up in Ripple's escrow contracts, limiting immediate supply. Ripple controls 16 of these wallets with 32.44 billion XRP still locked in escrow, while major exchan...
David Schwartz, Ripple's former CTO, expressed regret over selling most of his XRP holdings at $0.10 per coin due to his risk aversion and an agreement with his wife to sell at new all-time highs. Despite this, he remains optimistic about crypto's lo...
Russia's State Duma has passed a law recognizing major cryptocurrencies like Bitcoin, Ethereum, and XRP as legal property, allowing their use in commercial and cross-border transactions. Retail investors face an annual purchase cap of 300,000 rubles ...
