XRP has reached a critical resistance zone around $1.09-$1.10, failing to break above the 50-day and 100-day moving averages after a recent decline. The price is consolidating near $1.08, with sellers active and buying volume low, indicating weak market conviction. For a bullish trend to emerge, XRP needs to regain these moving averages and close strongly above $1.10, with the next major resistance near $1.21. Support around $1.05-$1.06 is crucial to avoid a drop back toward the $1.00 level, making this a pivotal moment for XRP's price direction.
Cryptocurrency markets experienced mixed price changes with Bitcoin trading slightly down at $64,488 and Ethereum also dipping to $1,915. Other notable coins like Binance Coin and Zcash saw modest gains, while several altcoins faced declines. These f...
XRP is trading at $1.08, down about 1% and 21% below its 200-day moving average. Price action is tight with mixed technical signals: MACD shows lost downtrend momentum, RSI is neutral, and stochastics hint at a short bounce. Open interest rose over 1...
Ethereum's long positions in coin-margined futures surged to 66.02%, a 5.47 percentage point increase, highlighting growing bullish leverage among top derivatives traders. This rise reflects existing traders increasing their exposure rather than new ...
Gerber, an Ohio-based investment adviser managing $592 million, recently acquired 12,958 shares of the Franklin XRP ETF, signaling growing institutional interest in XRP investment products. This move follows other firms increasing their XRP ETF holdi...
Ripple Labs has invested in Notabene, a major operator of regulated on-chain transactions serving over 2,300 institutions globally with an annual transaction volume around $2 trillion. This partnership allows Notabene to integrate Ripple's RLUSD stab...
