XRP saw a surge in futures trading volume in late August, with leveraged traders dominating spot traders. Open Interest has decreased to around $3 billion, and liquidations have compressed, indicating a consolidation phase with lower leverage. XRP is holding key support at $1.40, with potential resistance at $1.55 and a near-term target of $1.70 if bullish momentum continues. Market indicators suggest a likely liquidity flush and renewed volatility in the near future as whales accumulate positions and buying sentiment remains strong.
Bitcoin traded near $84,500, up 2.5% in 24 hours, recovering from a mid-October dip below $80,000. The total crypto market cap rose 2.2% to $2.9 trillion, with XRP and Zcash showing strong gains. Inflation concerns eased slightly as Brent crude and U...
Bitcoin, XRP, and Cardano have seen price rebounds over the past two days, with Bitcoin rising from around $81,200 to $83,407 and XRP and Cardano also showing gains. Crypto expert Ali Martinez highlighted that these price moves coincide with spikes i...
South Korean crypto exchange Upbit recorded nearly $1 billion in 24-hour trading volume on October 21, marking a 63.5% increase from the previous day. Doodles (DOOD) led the won trading pairs with over $103 million, followed by Metaplex (MPLX) and XR...
A technical analyst, ChartNerd, dismissed a $589 XRP price prediction for 2028 or 2029, proposing a more modest target of $5.89 for the same period. The $589 target would imply an unrealistic market value 100 times higher than the $5.89 target, given...
Bitcoin remains strong above its 50-day and 200-day exponential moving averages, signaling bullish momentum after the Oct. 20 market rebound. Ether trades below its 50-day average but stays above its 200-day average, indicating mixed signals. XRP lag...
