XRP declined 1.29% to $1.0476 on August 6, breaking below a critical triangle pattern support formed since May. The Bollinger Band lower edge at $1.0362 is the last technical support before the psychological $1 level, which could be tested if the price closes below this barrier. XRP spot ETFs saw $3.58 million in outflows on August 5, the first since early July, while futures long positions faced $5.92 million in liquidations, signaling bearish momentum. Analysts note August historically shows weakness for XRP but suggest any late-month dips could be strategic buying opportunities ahead of potential post-summer rallies.
XRP traded near $1.03 on August 7, down about 2.2%, pressured by selling across major exchanges and weak buying demand. The U.S. Senate delayed the CLARITY Act, a key regulatory bill affecting XRP's legal status, pushing its consideration to Septembe...
The U.S. Senate postponed the vote on the Crypto Clarity Act until September, causing XRP to drop 5.5% over the week, the largest decline among major cryptocurrencies. Bitcoin remained stable around $64,300, supported by inflows into spot bitcoin fun...
XRP is trading near $1.04, pressured by ETF outflows, Grayscale's large sales, and postponed U.S. crypto legislation, which creates regulatory uncertainty. Despite increased trading volume, XRP's price has declined over the past month and quarter, wi...
The XRP Ledger Foundation and RippleX have issued warnings about fake XRP airdrops, reward scanners, and phishing scams targeting investors on social media. These scams use impersonation accounts and fraudulent promotions to trick users into sharing ...
XRP price remains above the key $1 support level despite ongoing bearish pressure, showing signs that selling momentum is weakening. The cryptocurrency is consolidating in a tight range with reduced volatility and trading volume, indicating cautious ...
