XRP briefly surged above $1.25 but quickly fell back below $1.23 due to heavy selling and rising volume, indicating traders are taking profits rather than adding new positions. Despite a 3.3% drop, XRP remains above the key $1.20 support level, keeping the broader recovery intact but fragile. Traders are watching $1.20 as crucial support and $1.223 and $1.25 as resistance levels to determine if the pullback is temporary or the start of a deeper decline. XRP ETF inflows remain strong, and Ripple continues expanding its payment infrastructure, supporting long-term interest in the token.
Bitcoin held steady near $65,800 with a slight 0.3% drop over 24 hours but gained 7.4% for the week as investors shifted focus to altcoins. Uniswap's UNI surged 22.5% after a bullish price target from Standard Chartered, while other altcoins like Hyp...
XRP's price dropped 3.3% after failing to sustain gains above $1.25, falling below the key support level of $1.23 amid strong selling pressure. Trading volume surged, confirming seller dominance and raising concerns about a deeper retracement toward ...
Bitcoin remained stable around $65,800 ahead of the Federal Reserve's first rate decision under new Chair Kevin Warsh, gaining 7.4% over the week. Meanwhile, altcoins saw strong gains with Uniswap's UNI jumping 22.5% after Standard Chartered set a $1...
Ripple USD (RLUSD) has reached a market capitalization of $1.64 billion, marking significant growth among dollar-backed stablecoins. This milestone reflects increased supply, adoption, and trading activity, including its recent launch on Gate.io, whi...
XRP withdrawals on Binance surged to 53.2%, while the leverage ratio on XRP derivatives reached its highest level this year. This unusual combination shows traders are both pulling XRP off the exchange and increasing leveraged bets simultaneously, re...
