XRP has been unable to break above the $1.65 resistance level for about four months, indicating weakening bullish momentum. Market analyst CasiTrades warns this prolonged rejection could lead to a downward liquidity sweep, pushing XRP towards key support zones at $1.10 and $0.87. Currently trading around $1.33, XRP remains range-bound with low whale activity and softened retail sentiment, suggesting cautious investor behavior. The next major price move—either a breakout above $1.65 or a drop to support—will likely define XRP's medium-term trend.
Daily payment transactions on the XRP Ledger have surged back above the key 1 million mark after a dip in mid-May, indicating robust on-chain activity despite XRP's price remaining in a downtrend. This rebound suggests continued user engagement and l...
The XRP Ledger has successfully upgraded to version 3.1.3 on the mainnet, activating the fixCleanup amendment that addresses critical fixes for NFTs, Permissioned Domains, Vaults, and the Lending Protocol. This upgrade ensures long-term network stabi...
Charles Hoskinson, founder of Cardano, has praised the XRP ecosystem's decentralized finance (DeFi) potential, suggesting it could grow faster than Ethereum's DeFi by 2027. He highlighted XRP's role as a Web2.5 bridge asset, optimized for payments an...
On May 26, US spot Bitcoin ETFs experienced a significant outflow of $334 million, equivalent to about 4,400 BTC, continuing a trend of heavy redemptions in mid-to-late May. Ethereum spot ETFs also faced a $35 million net outflow, marking over 10 con...
XRP's average trader returns have dropped to their lowest point in six years, with a 30-day MVRV ratio indicating deep undervaluation and traders down about 47%. Historically, such extreme negative readings often occur near market bottoms, suggesting...
