XRP has experienced a significant decline of 16.98% in June, driven by a breakdown in the monthly Bollinger Bands indicator that now points to a price target below $1. This drop follows a prolonged period of low volatility and consolidation, with sellers taking control after XRP fell below its 20-month moving average of $2.06. The key support zone around $1.05–$1.10 is currently the last defense for bulls, supported by steady inflows into spot XRP ETFs. However, if the price closes below $1 for June, a further decline toward $0.92–$0.96 is expected, marking one of XRP's worst periods in recent years amid ongoing regulatory uncertainties in the U.S.
XRP's price is trading within a tight range of $1.10 to $1.30, influenced by a balance between strong institutional demand via ETFs and recurring supply from scheduled escrow unlocks. Recent liquidation events have tested the lower boundary, but bids...
XRP is currently retesting a significant multi-year support level that has historically acted as a strong demand zone. Analysts are closely watching to see if buyers can defend this area, which could determine the cryptocurrency's next major price di...
Bitcoin is currently under selling pressure from institutions, but an AI-powered forecast from Finbold predicts a potential price increase to an average of $63,900 by July 1, representing a 2.54% rise from the current price of $62,230. This forecast ...
Ripple Labs is close to obtaining a Crypto Asset Service Provider license from Luxembourg's financial regulator under the EU's Markets in Crypto Assets (MiCA) framework. This preliminary approval will allow Ripple to provide its stablecoin payment se...
Ripple has received preliminary approval for its Crypto Asset Service Provider (CASP) license from Luxembourg's financial regulator under the EU's MiCA framework. This milestone, combined with Ripple's existing Electronic Money Institution (EMI) lice...
