XRP's recent price rise appears positive but is accompanied by declining trading volume, indicating weak market participation rather than strong buying. Technical indicators like the downward-sloping 50-day and 100-day EMAs suggest the rally is temporary within a broader bearish trend. The price struggles to break resistance levels and is testing support between $1.30 and $1.35, which if breached, could lead to a sharper decline. Investors should be cautious as the current signals point to increased downside risk for XRP in the short term.
S&P Global has excluded Bitcoin (BTC) and XRP from its crypto index because these cryptocurrencies do not generate revenue, despite their large market caps. This change reflects a shift in the index's criteria, prioritizing revenue-generating project...
XRP is showing signs of bullish momentum, trading around $1.13 and forming an ascending triangle pattern on its daily chart. This pattern suggests buyers are gaining control, with higher lows indicating growing demand. Key resistance lies at the 50-d...
XRP, Cardano (ADA), Stellar (XLM), and Bitcoin (BTC) are showing early signs of bullish recovery after periods of decline. XRP is forming an ascending triangle with rising support, indicating potential for a longer recovery if resistance levels are o...
The 40 largest XRP wallets collectively hold 55.84 billion XRP, but much of this is tied up in Ripple's escrow contracts, limiting immediate supply. Ripple controls 16 of these wallets with 32.44 billion XRP still locked in escrow, while major exchan...
David Schwartz, Ripple's former CTO, expressed regret over selling most of his XRP holdings at $0.10 per coin due to his risk aversion and an agreement with his wife to sell at new all-time highs. Despite this, he remains optimistic about crypto's lo...
