XRP has fallen sharply below a critical support zone of $1.26-$1.28, now trading around $1.16-$1.18 after a 6% drop in one day. This break signals strong downward momentum, with all major moving averages above current prices and the RSI indicating oversold conditions. Analysts warn that if the $1.14-$1.18 support fails, XRP could drop to $0.92 or even as low as $0.63 in extreme cases. Despite heavy selling, some see accumulation opportunities between $1.10 and $1.30, with deeper support levels identified near $0.65-$0.85.
Kalshi introduced Ethereum perpetual futures on June 4, offering US traders regulated crypto derivatives with no expiration dates and a temporary zero-fee promotion. This follows their Bitcoin perpetual futures launch, marking a significant step in p...
The XRP Ledger (XRPL) is preparing to launch version 3.2.0, which includes a significant software rebranding from rippled to xrpld and infrastructure upgrades. This update requires validators, node operators, and infrastructure providers to update th...
Ripple has extended the reach of its U.S. dollar-backed stablecoin, Ripple USD (RLUSD), enabling it to move natively across multiple blockchain ecosystems through Wormhole's Native Token Transfers (NTT). This integration enhances RLUSD's utility in c...
XRP's price dropped over 3% to around $1.16, with analysts suggesting a possible retreat to $1.03 as part of a longer consolidation phase rather than a deeper downtrend. The XRP Ledger is preparing for its 3.2.0 upgrade, which includes renaming its c...
Bitcoin fell to around $63,000 as cryptocurrency markets declined sharply, triggered by a $400 billion capital rotation into AI-related investments and over $1.74 billion in liquidations within 24 hours. Data showed nearly 290,000 traders were liquid...
