XRP investors are growing bearish as social sentiment dips, with the positive-to-negative commentary ratio falling to 1.1, signaling heightened fear. The cryptocurrency struggles to hold the $1.30 support level, and if negative sentiment continues, it could fall to $1. Additionally, Binance's XRP liquidity has dropped to its lowest since January 2020, increasing price volatility risks. Analysts suggest a potential rebound could occur after this fear phase, but if the downtrend persists, $0.73 may become a key support zone. Currently, XRP trades around $1.34, down over 2% weekly.
Crypto investment products experienced $1.47 billion in outflows last week, marking the second consecutive week of withdrawals. US spot Bitcoin ETFs accounted for $1.26 billion of these outflows, coinciding with Bitcoin's price falling briefly toward...
Bitcoin, Ether, and XRP led a broad crypto market decline after fresh US military strikes in Iran diminished hopes for a near-term peace deal. Over $200 million in crypto positions were liquidated within 24 hours, including $115 million in long bets,...
The XRP Ledger is rolling out the fixCleanup3_1_3 amendment on May 27, which automatically deletes expired NFT offers and patches bugs related to vaults, lending, and permissioned domains. This upgrade, part of rippled version 3.1.3, improves network...
The XRPL Foundation reignited interest in the iconic $589 XRP meme with a cryptic "Great Day" teaser following its recent structural overhaul. The teaser's design references a famous anonymous insider's artwork, suggesting a shift from accumulation t...
Bitcoin dominance is rising, while altcoins like XRP face bearish sentiment and technical weakness. However, XRP is attracting strong institutional inflows, with $116 million entering XRP ETFs in May, contrasting with outflows in Bitcoin and Ethereum...
