XRP is trading around $1.39, attempting to break the key $2 resistance level amid a rebound supported by seasonal strength and anticipation of a leveraged ETF launch on May 7. Despite a 6.55% gain over 30 days, XRP faces challenges from lingering post-Q1 weakness and active selling pressure. The upcoming ETF debut by GraniteShares could increase liquidity and volatility, potentially driving momentum. However, unverified social media rumors add risk, making verified news crucial. XRP's near-term direction hinges on surpassing the $2.03 technical threshold and market response to the ETF listing, which could either spark a breakout or maintain a range-bound trend.
XRP is showing early signs of stabilization after months of bearish pressure, with the critical $1.30 support level holding strong. Sellers are losing momentum as the price repeatedly tests this zone without a decisive breakdown, suggesting a possibl...
XRP faced intense selling pressure on Binance on May 23 but managed to hold above its April support zone around $1.31, showing strong market resilience. Despite a deeper sell volume than in early April, buyers absorbed the pressure, preventing a brea...
Ripple USD experienced a significant surge with 39.4 million RLUSD minted within a 24-hour period. This spike was driven primarily by two large transactions on the XRP Ledger, alongside consistent issuance throughout May. The increased minting activi...
XRP's 30-day MVRV ratio has dropped to its lowest since December 2020, with average traders holding unrealized losses around -47%. This deep undervaluation reflects panic selling after XRP's rally in 2024-2025, pushing many retail traders underwater....
Developers of the XRP Ledger have proposed a draft amendment called AMM Swappable Curves to enhance the network's decentralized finance (DeFi) capabilities. The proposal introduces new curve options—constant product, concentrated liquidity, and Stabl...
