XRP has fallen about 15% from its March high of $1.60 to around $1.36, trading below key resistance levels including the $1.40 mark and the 100-hour moving average. Despite the price drop, open interest in XRP futures rose from $886 million to $946 million, indicating increased trading activity and short seller dominance as funding rates turned negative. Approximately $314 million in short positions are clustered between $1.375 and $1.405, creating conditions for a possible short squeeze if XRP breaks above this range. The market faces two scenarios: continued price weakness pushing XRP toward $1.30 support, or a rally triggering short position liquidations and a swift price increase above $1.40.
The XRP Ledger has surpassed 8 million activated accounts, marking steady growth since March 2026. However, daily active addresses have declined to a 2026 low of 25,350, indicating less frequent user engagement despite overall adoption. XRP's price f...
XRP surged about 4% to $1.11 following a broader crypto market rebound triggered by softer U.S. inflation data. Technical signals suggest a bullish inverse head and shoulders pattern, with potential for a 20% price increase if XRP breaks the $1.12–$1...
XRP whale activity has increased alongside a notable drop in Binance's XRP reserves, falling from 2.80 billion to 2.61 billion tokens. Withdrawal transactions on major exchanges like Coinbase, Binance, and Bybit have surpassed deposits, indicating la...
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
