XRP's price is under pressure, falling 3.3% and nearing a critical support level at $1.10. If this support breaks, XRP could drop to $0.80, reflecting a 27% decline. Increased net inflows to exchanges and whale movements suggest significant selling ahead. Macroeconomic factors, including a hawkish US Federal Reserve stance, are intensifying bearish momentum. Traders see a potential short opportunity with a favorable risk-reward ratio if the $1.10 level is decisively breached.
XRP's price fell 2.24% within an hour to $1.47 on September 28, extending its 24-hour decline to 2.88%. The drop from $1.50 led to $2.01 million worth of long XRP positions being liquidated across major exchanges like Binance, Bybit, and OKX, while s...
Bitcoin remained above $83,000 on September 29 even as $511 million in crypto positions were liquidated within 24 hours, signaling market pressure. The decline in Bitcoin was limited to 1.14%, while Ether slightly rose and other major coins like Sola...
XRP dropped to $1.47 after falling below the key $1.50 level, continuing a six-week streak below its 50-week exponential moving average (EMA). This sustained decline signals weakening momentum and worries for bulls, as the 200-day EMA at $1.37 is the...
Ripple aims to tap into a $155 trillion market linked to SWIFT's annual trading volume by leveraging its XRP technology and RippleNet. The company highlights XRP's design, which allows micro-unit divisions called 'Drops,' potentially boosting valuati...
Ripple CEO Brad Garlinghouse emphasized that XRP's long-term value depends on real-world utility, demand, and liquidity rather than just price charts or market hype. He cited a 2023 U.S. court ruling affirming XRP as a non-security, reinforcing regul...
