XRP has broken above a 66-day descending trendline, signaling a potential end to its prolonged downtrend and a return of bullish momentum. Analysts highlight that holding above the $1.13 resistance, now acting as support, is key for XRP to target the next resistance at $1.30. The breakout is supported by a developing triple-bottom pattern, indicating weakening selling pressure and stronger buying interest. While some speculate long-term targets as high as $9, $15, or $31, the immediate focus remains on whether XRP can sustain gains above $1.13 and push toward $1.30 to confirm a broader bullish trend.
Ripple Prime, Ripple Labs' institutional division, now processes $3 trillion annually, serving over 300 institutional clients like hedge funds and banks. This milestone highlights growing institutional use of Ripple's services, mainly through its RLU...
Cryptocurrency markets experienced varied price changes, with Bitcoin rising 1.81% to $66,529 and Ethereum increasing 1.41% to $1,924.58. Other notable gains include ADA up 4.95% and AAVE up 7.02%, while some coins like DEXE dropped sharply by 71.78%...
Russia's Parliament approved the Digital Currency and Digital Rights Law, establishing a legal framework for licensed crypto businesses effective September 2026. The law allows the Bank of Russia to license exchanges, brokers, asset managers, custodi...
The U.S. Senate is targeting July 23 for a vote on the CLARITY Act, a bill that would clarify regulatory oversight of digital assets by defining which fall under the SEC or CFTC. This legislation could reclassify XRP as a commodity, resolving its lon...
XRP's adoption continues to build with strong institutional interest and high transaction volumes, yet its price remains stuck between $1.09 and $1.13. Technical indicators show potential for a breakout above $1.13 targeting mid-$1.30s, supported by ...
