XRP price is showing a bearish pattern that could lead to a 13% decline, even as Ripple announces a major AI payments partnership. The token formed a head and shoulders pattern on its 8-hour chart, signaling potential downside, while large traders (whales) are increasingly shorting XRP. On-chain data shows a slowdown in retail buying, reinforcing the bearish outlook. However, weakening sell volume suggests there might be a short-term bounce near $1.10 before any further drop. Key support levels to watch are $1.08, $1.06, and potentially $0.92 if the pattern confirms.
XRP's price fell below the key $1 support level for the first time since November 2024, hitting a new bear market low of $0.9952 amid a broader crypto downturn. The decline is linked to delays in the US Senate passing the CLARITY Act, which would pro...
Bitcoin held steady near $63,600 following a U.S. inflation report that met expectations, calming market nerves but not driving major moves. The broader crypto market cap dropped slightly to $2.18 trillion, with altcoins Monero (XMR) and Hyperliquid ...
Rakuten has integrated XRP into its payment and rewards system, allowing over 100 million users in Japan to convert Rakuten Points into XRP, then into Rakuten Cash, which can be spent across Rakuten services. This move aims to increase XRP's practica...
XRP's price recently fell below $1, showing bearish technical signals and increased speculative risk with open interest at $435 million. However, large long positions from whales and retail traders, along with a surge in network activity and institut...
Bitcoin fell to around $63,500 following July's inflation report that matched expectations, leading to a drop in the probability of a September Federal Reserve rate hike from 46% to 38%. The inflation data reassured markets but did not spark strong g...
