Despite Ripple's expanding business and adoption by banks, XRP's price is predicted to remain in a prolonged sideways trend until August 2028. Technical analysis using Bollinger Bands suggests a repeat of the 2022-2024 accumulation cycle, indicating no significant breakout soon. Institutional interest in XRP ETFs is waning, and regulatory uncertainty in the US adds to the cautious outlook. Investors may face a long wait for price movement, with potential scenarios including either a bearish sell-off or a bullish accumulation by large holders.
Bitcoin and Ethereum prices fell slightly on Friday, with Bitcoin down 0.96% to $64,147 and Ethereum down 0.62% to $1,861, indicating a mild pullback in major cryptocurrencies. Meanwhile, some large-cap altcoins like Tron and Dogecoin posted modest g...
XRP's price dropped 1.26% to about $1.09 due to broader cryptocurrency market weakness and uncertainty over U.S. crypto regulations, particularly the delayed CLARITY Act. This bipartisan bill aims to clarify regulatory roles between the SEC and CFTC ...
XRP traded near the key $1.10 level amid Ripple's progress in obtaining a full crypto-asset service provider license under the EU's MiCA framework, allowing broader European market access. Ripple also invested in compliance fintech Notabene to enhanc...
Leisure Capital Management, a wealth manager based in Kansas, disclosed a $206,000 investment in Franklin Templeton's XRP ETF as of June 30, holding 16,745 shares. This move reflects increasing institutional acceptance of XRP, which was previously co...
Bitcoin held steady despite a tech stock selloff triggered by weak earnings, with over 83,000 traders liquidated recently. Spot Bitcoin ETFs saw significant outflows, while Ethereum ETFs had inflows. Analysts predict Bitcoin may experience one final ...
