XRP's price remains bullish after a strong rally in August, holding above the critical $1.35 support level. Maintaining this support is crucial for XRP to continue its recovery and avoid a deeper correction. Momentum indicators have cooled from overbought levels, suggesting room for further gains. The next resistance zone is between $1.45 and $1.50, with a potential move toward $1.55 and $1.70 if surpassed. Overall, XRP's outlook stays positive as long as it stays above $1.35, with consolidation likely before the next breakout.
Bitcoin is consolidating near $79,000 after a nearly 30% rally from $63,000, showing strong bullish momentum as it trades above key moving averages. Despite an elevated Relative Strength Index indicating overbought conditions, Bitcoin remains support...
XRP surged 39% since August 18, reaching $1.396 on August 29, driven mainly by derivatives activity rather than spot selling, as Binance exchange reserves remained nearly unchanged. Long liquidations hit a six-month high of $25.7 million on August 22...
Ripple's Chief Legal Officer Stuart Alderoty highlighted that the CLARITY Act could significantly increase job creation and economic growth in the US. The National Cryptocurrency Association reports the crypto sector supports 232,000 jobs and contrib...
Ripple's regulated stablecoin RLUSD has seen its supply on Ethereum grow by 93% in the past 30 days, pushing Ethereum's share to 56.1% of total supply, surpassing the XRP Ledger's 43.9%. This shift is driven by institutional demand for DeFi services ...
AI-driven wallets on the XRP Ledger have shifted heavily towards using the stablecoin RLUSD instead of XRP, creating a 105% imbalance. This change is driven by XRP's price volatility and higher transaction costs, which make it less suitable for the m...
