XRP is attracting significant whale accumulation, with 380 million XRP bought near the $1 level, supported by a neutral RSI around 50, unlike other overbought altcoins. Institutional interest is growing, highlighted by Aviva Investors tokenizing a fund on the XRPL, pushing stablecoin market cap on XRPL closer to $1 billion. This rising liquidity and fundamental growth suggest XRP could be undervalued and poised for a short squeeze, potentially driving its price toward $1.15 soon.
An analyst from Mango Research predicts XRP could fall to the $0.80-$0.91 range before a bullish reversal. XRP has been trading within a year-long descending channel, and a breakout above this channel could push the price to about $1.62. However, bea...
XRP price is trading around $1.03, close to the critical $1 support level, after failing to reverse its bearish trend. Technical indicators show sellers dominate, with XRP below major moving averages and weak momentum signals. A drop below $1 could l...
On August 11, cryptocurrency markets displayed mixed performance. XRP remains bearish, trading near $1.03 with resistance at $1.07-$1.18 and risk of further decline if it falls below $1.00. Zcash holds a stronger technical position above key moving a...
Ripple's validator voted in favor of two XRP Ledger amendments, XLS-65 and XLS-66, which introduce single-asset vaults and a fixed-term lending protocol at the ledger level. These changes aim to enable native lending services using XRP and other XRPL...
Ripple has minted $10 million worth of RLUSD on the XRP Ledger in a scheduled issuance. This event coincided with a significant increase in transactions and movements among large XRP holders, known as whales. The surge in whale activity suggests grow...
