XRP price is steady around $1.04 following a nearly 90% drop in XRP Ledger payment volume from a brief surge of 614.9 million XRP on August 7. This sharp volume spike was likely due to a one-time institutional transfer rather than sustained demand. The $1 level is a key short-term support, with resistance near $1.08 to $1.10 and potential downside to $0.95 if broken. Longer-term forecasts suggest a possible recovery to $2.50, but XRP must first reclaim key moving averages and reverse its current downward trend. Ripple's expansion into custody, stablecoins, and tokenization supports institutional demand but broader market factors will influence price movements.
David Schwartz, Ripple's CTO Emeritus and XRP Ledger co-creator, identified regulatory tactics used by the U.S. SEC in a high-profile lawsuit unrelated to crypto. The case involves a private manufacturer challenging Connecticut's restrictive product ...
XRP has surged past the $1.60 resistance level, breaking a month-long downward trend and showing strong technical momentum with increased volume and support from moving averages. The price rose over 25% from recent lows, reaching around $1.62, with t...
In the week ending September 20, XRP deposits to Binance jumped 663% to an average of 21.7 million tokens per day, a significant increase from the usual 2.85 million. Despite this surge, Binance's XRP reserves remained nearly unchanged at 2.63 billio...
XRP surged past the $1.60 mark, reaching around $1.64, its highest since early February, driven by nearly 1,917 large transactions over $100,000 and 3,647 new wallets created. Binance saw a 663% increase in XRP deposits, though total holdings remaine...
XRP's market capitalization has surged back above $100 billion following an 8% price increase, making it one of the best-performing cryptocurrencies recently. Despite this milestone, XRP remains over 55% below its record high from last year, suggesti...
