XRP has pulled back from recent gains but remains supported as long as it holds the $1.20 level, according to analysts. The cryptocurrency faces challenges from weak market follow-through and concerns over escrow releases but benefits from inflows into spot ETFs and potential regulatory progress. Key price levels to watch are $1.20 for support and $1.27-$1.30 for a bullish recovery. Despite a 36% year-to-date loss, futures market activity shows strong interest, indicating ongoing debate between bullish and bearish outlooks.
XRP has failed to surpass the key resistance zone between $1.30 and $1.35, causing concern among investors about a potential decline back to the $1.00 support level. Despite recovering from lows near $1.05 to around $1.22, selling pressure near resis...
XRP briefly surged to $1.30 following a breakout from a symmetrical triangle pattern but quickly reversed, struggling to maintain support above $1.21. Technical indicators now show bearish signs, with trading volume down 44%, suggesting weak buyer co...
Plasma (XPL) fell 3.53% to around 164 Korean won after a recent surge, but maintained high trading volume of about 39.97 billion won ($29 million), indicating sustained market interest. Despite the price pullback, traders see this as a reset rather t...
XRP's price has climbed back near $1.20 primarily due to strong buying in the spot market, with spot cumulative volume delta (CVD) reaching its highest since mid-May. However, Binance perpetual traders are heavily short, with a record negative CVD, i...
XRP dropped about 2.5% to $1.19 after briefly surpassing $1.22, as heavy selling pushed it below the crucial $1.20 level. Buyers stepped in around $1.18, preventing a deeper decline and maintaining support above the $1.17–$1.18 zone. This pullback fo...
