XRP is at a crucial price point, trading around $1.45 with resistance between $1.41 and $1.43. A sustained move above the mid-tier Bollinger Band at $1.40 could push XRP toward its near-term target of $1.97, close to January levels. Strong support exists between $1 and $0.84, backed by significant whale accumulation. Futures trading volume surged 65%, indicating increased risk appetite, while short-sellers faced heavy liquidations. If XRP holds above $1.45, bullish momentum may continue toward $2, but failure to sustain could signal a bull trap.
XRP token prices rose by about 7% to 8%, but several smaller U.S. spot XRP ETFs surged even higher, gaining 16% to 17%. This created an unusual short-term pricing gap between the ETFs and the underlying XRP token. The widening liquidity gap highlight...
XRP price surged past a descending 4-hour channel at $1.37, reaching near $1.45 and testing resistance between $1.50 and $1.53. Momentum remains strong but cautious, with the 14-day RSI at 66.22, below overbought levels. Key upcoming catalysts includ...
Bitcoin surged above $82,000 on September 3 after $250 million in short positions were liquidated, triggering a $758 million total crypto market liquidation dominated by shorts. This short squeeze fueled a 21% rally in Zcash and notable moves in Ethe...
The SEC issued Order No. 34-106268 approving XRP and Solana as digital commodities alongside Bitcoin and Ether, allowing actively managed crypto ETFs to hold up to 15% of assets in these coins. This regulatory clarity sparked a $566.9 million short s...
Economists expect the US economy to add about 53,000 to 56,000 jobs in August, a rebound from July's loss. The unemployment rate is forecasted to stay near 4.1%. This jobs report is crucial as it influences Federal Reserve decisions on interest rates...
