XRP surged 14.21% to $1.40, closing above its 50-day and 200-day exponential moving averages for the first time since a bearish death cross formed. This move was mainly driven by a Bitcoin short squeeze and broader crypto market liquidity, not XRP-specific demand. The 50-day EMA remains below the 200-day EMA, so a bullish golden cross has not yet occurred. XRP’s breakout faces risks including reliance on Bitcoin’s price holding above $72,000 and the need for broader buying beyond concentrated South Korean volume. The upcoming CLARITY Act procedural vote on Sept. 15 could provide a regulatory catalyst to sustain the rally, but until then, the breakout remains unconfirmed and vulnerable to reversal.
Before the U.S. midterm elections on November 3, Ripple's latest escrow cycle resulted in a net 300 million XRP tokens outside escrow after releasing 1 billion XRP and placing 700 million XRP into new escrows. The releases occurred on October 31, and...
On November 1, nearly 7,934 new XRP wallets were created, marking one of the highest daily totals in 2026, following the $6 billion Binance hack. This surge suggests many users may be moving toward self-custody of their crypto assets, as Binance conf...
Following a security breach at Binance, large XRP withdrawals surged, with about 283 million XRP moved from the exchange, mostly through compromised accounts. This raised concerns about stolen funds and potential selling pressure, as hackers actively...
As of November 1, Ether (ETH) holds a market capitalization of $275.40 billion, which is about 3.48 times larger than XRP's market cap of $79.22 billion. Ether's price stood at $2,273.92, while XRP was priced at $1.25. This significant difference hig...
A crypto commentator with experience since 2017 expressed skepticism about XRP reaching extreme price targets like $400 or even $30. Despite these doubts, the commentator said they would continue holding XRP, having witnessed its major rallies. This ...
