XRP is showing strong breakout sentiment with social engagement at a two-year peak, driven by FOMO and positive narratives. The integration with Rakuten Pay could expose XRP to nearly 44 million new users, adding a significant adoption catalyst. Price action is consolidating within a symmetrical triangle between $1.35 support and $1.45 resistance, with liquidity clustered in this range indicating a potential volatility expansion soon. Traders are watching for a decisive close above $1.45 to confirm a breakout or a drop below $1.35 that could signal downside risk.
On May 26, US spot Bitcoin ETFs experienced a significant outflow of $334 million, equivalent to about 4,400 BTC, continuing a trend of heavy redemptions in mid-to-late May. Ethereum spot ETFs also faced a $35 million net outflow, marking over 10 con...
XRP's average trader returns have dropped to their lowest point in six years, with a 30-day MVRV ratio indicating deep undervaluation and traders down about 47%. Historically, such extreme negative readings often occur near market bottoms, suggesting...
The crypto market continued its decline with total capitalization dropping 1.5% to $2.53 trillion and Bitcoin falling nearly 3% to around $75,000. This selloff is driven by macroeconomic uncertainty, significant outflows from Bitcoin and Ethereum ETF...
XRP's short-term traders are experiencing significant losses, with a 30-day MVRV ratio showing an average 47% unrealized loss, indicating weak confidence and potential undervaluation. However, historical data suggests such negative readings can persi...
XRP price is trading within a tight range between $1.30 and $1.34, with repeated failed attempts to break above the key resistance near $1.36. Despite a failed breakout and increased market fear, sellers have not pushed the price below $1.30, suggest...
