XRP is experiencing one of its strongest recent RSI corrections, signaling a delicate technical phase that might precede a new bullish momentum. Concurrently, about $60 million in open positions on XRP derivatives have vanished, mainly on the Bybit platform, indicating a significant purge of speculative capital. Despite this, XRP's price remains resilient, suggesting the market is absorbing excess speculation rather than showing structural weakness. Analysts are watching closely to see if this marks a consolidation phase or sets the stage for a more sustainable price recovery.
Options data from Deribit reveals a split in sentiment among major altcoins: Solana traders favor upside bets with a strong call option dominance, signaling expectations of a near-term rebound. Meanwhile, Ethereum and XRP traders exhibit more defensi...
Kalshi introduced Ethereum perpetual futures on June 4, offering US traders regulated crypto derivatives with no expiration dates and a temporary zero-fee promotion. This follows their Bitcoin perpetual futures launch, marking a significant step in p...
XRP has fallen sharply below a critical support zone of $1.26-$1.28, now trading around $1.16-$1.18 after a 6% drop in one day. This break signals strong downward momentum, with all major moving averages above current prices and the RSI indicating ov...
The XRP Ledger (XRPL) is preparing to launch version 3.2.0, which includes a significant software rebranding from rippled to xrpld and infrastructure upgrades. This update requires validators, node operators, and infrastructure providers to update th...
Ripple has extended the reach of its U.S. dollar-backed stablecoin, Ripple USD (RLUSD), enabling it to move natively across multiple blockchain ecosystems through Wormhole's Native Token Transfers (NTT). This integration enhances RLUSD's utility in c...
