XRP price is under bearish pressure, testing the crucial $1 support level after failing to break above its 20-day and 50-day moving averages. The cryptocurrency trades below major moving averages, signaling a continued downtrend since June's sharp drop. Although selling momentum appears to be weakening due to declining volume, buyers have not shown strong interest, keeping recovery uncertain. A decisive move above the 20-day moving average and increased buying volume are needed to confirm a bullish reversal, while a drop below $1 could lead to further losses.
Russia's Moscow Exchange (MOEX) will launch perpetual futures contracts for XRP alongside Bitcoin, Ethereum, Solana, and TRON on September 22. These contracts, quoted in USD but settled in Russian rubles, allow qualified investors to gain price expos...
XRP price rose to $1.43, up 3.13% in 24 hours, with strong trading volume of $3.41 billion. Analysts highlight an inverse head-and-shoulders pattern forming, targeting a breakout above $1.55 that could trigger a 35% rally toward $2. Large holders hav...
Ripple recently burned 15 million RLUSD stablecoins, removing them permanently from circulation, following several large minting events earlier in September. Despite these supply fluctuations, RLUSD's market capitalization has grown from $1.74 billio...
XRP saw a 2% price increase after its integration with Stripe's payment tools launched on September 17, enabling AI-driven machine-to-machine payments through the Machine Payments Protocol. Trading volumes reached $2.8 billion, signaling strong activ...
Whale wallets have accumulated about 1.54 billion XRP tokens worth $2.2 billion in 96 hours, signaling strong investor confidence as XRP trades near $1.41. This large-scale buying reduces XRP's circulating supply, potentially supporting higher prices...
