XRP saw about 7.03 billion tokens leave exchanges in February, significantly reducing available supply and pushing scarcity to its highest level since 2024. Despite this supply tightening and a 29% rise in trading volume, XRP's price remains stuck near $1.34, repeatedly failing to break above resistance around $1.34-$1.35. Analysts note this mismatch between shrinking supply and muted price action often leads to a sharp move, with key support at $1.31-$1.32 and potential upside target at $1.42 if resistance is broken. The current price compression suggests sellers are still active, and traders should watch for a breakout or breakdown to signal the next direction.
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...
