Ripple (XRP) whales have accumulated an additional 70 million tokens, with Binance traders mostly holding long positions. Despite this, XRP struggles to break above the $1.20 resistance zone, facing significant short-term selling pressure. Derivatives data indicate a balanced market with no clear advantage for bulls or bears, suggesting no major price squeeze is imminent. The current bearish chart pattern implies traders may consider selling near the $1.18-$1.23 resistance until a decisive breakout above $1.29 occurs.
Bitcoin surged past $66,000 following news that the US Clarity Act, which aims to clarify cryptocurrency regulations, is closer to becoming law. The legislation would distinguish cryptocurrencies as commodities or securities, providing clearer rules ...
XRP is approaching a critical resistance level at $1.13, which could confirm a bullish breakout if surpassed. The cryptocurrency has been consolidating within a symmetrical triangle pattern since late June, indicating a potential strong price move on...
Ripple Prime is advancing Wall Street 2.0 by integrating blockchain technology into institutional finance, transforming XRP into productive collateral. Following its acquisition of Hidden Road, Ripple Prime has tripled revenues and enhanced lending c...
XRP whale inflows to Binance have sharply declined, hitting a two-month low and suggesting reduced selling pressure from large holders. Despite this, futures traders increased bullish exposure, with open interest and funding rates rising, indicating ...
XRP's spot trading volume on South Korea's Upbit exchange has fallen by nearly 51% over a month, with Binance also seeing a 99% drop in XRP spot flows. Despite this, derivatives markets show increased activity, with Open Interest on Binance rising 5....
