XRP price has dropped to a crucial support level near $1.08 following a week of selling pressure despite Ripple's recent regulatory approval in Europe. The decline aligns with broader crypto market weakness, including Bitcoin's dip below $62,000 and cautious investor sentiment amid geopolitical tensions and Federal Reserve rate concerns. XRP is trading within a falling wedge pattern, which could signal a potential recovery if it breaks above resistance levels around $1.13 to $1.19. However, a break below $1.08 may lead to further losses toward $1.05 and $1.00. Market data shows a significant liquidation cluster near $1.14 that could trigger a relief rally if buyers step in, but ongoing macroeconomic and geopolitical risks may delay recovery.
The XRP Ledger's fixCleanup3_2_0 amendment has entered its final two-week activation countdown after securing 85.71% validator support, surpassing the required 80% threshold. This upgrade bundles multiple protocol fixes for lending, permissioned doma...
XRP has risen 5% recently and is testing resistance at $1.13 amid a potential inverse head and shoulders pattern signaling a 20% rally to $1.45. This bullish setup is supported by positive momentum indicators and hopes of a delayed Fed rate hike. How...
Paradex, a decentralized derivatives exchange, has integrated a Request for Quote (RFQ) engine that recently executed a $23 million XRP options block. This integration aims to enhance on-chain liquidity for XRP options by combining on-chain and off-c...
XRP has been officially classified as a cryptocurrency by the Depository Trust & Clearing Corporation (DTCC) in its educational Learning Center, marking a significant step in its integration with traditional finance. This classification includes guid...
XRP is stabilizing near $1.12, a key level traders watch to determine if a rebound or further decline will occur. Despite recent gains, the medium-term trend remains bearish with XRP down over 9% in 30 days and about 20% over 60-90 days. The token tr...
