XRP surged to $1.27, breaking out of a descending triangle and liquidating $6.07 million in short positions within 24 hours. The price surpassed key Fibonacci levels with strong volume, signaling renewed bullish momentum. South Korea's Upbit exchange now dominates 31% of XRP wallet flows, coinciding with $1.4 billion in cumulative ETF inflows. Ripple's CEO expects $1 billion in annual revenue by 2026, highlighting the company's fintech focus beyond XRP price. A daily close above $1.2440 could push XRP toward higher resistance levels, while losing support at $1.2069 may lead to a pullback.
XRP is testing resistance around $1.25 but faces risk of a bull trap as many traders are short, betting on a price drop. Funding rates show extreme negative sentiment, indicating heavy bearish positioning even as retail activity dries up. Institution...
XRP traded sideways with a 13.68% gain in the past 24 hours, reaching $1.28 after a recent liquidity boost. Despite a drop in social media sentiment to an eight-month low, analysts see potential for a bullish breakout, citing historical rebounds duri...
Bitcoin jumped above $66,000, with Ethereum, XRP, and Dogecoin also rising up to 13% following a U.S.-Iran peace agreement that increased investor risk appetite. Despite significant trader liquidations totaling over $600 million in 24 hours, spot Bit...
XRP's price increased by 11%, but some traders argue even $1 is too high due to its large supply and Ripple's escrow sales. Criticism focuses on XRP's pre-mined structure and ongoing selling pressure from Ripple unlocking tokens monthly. Meanwhile, R...
Ripple's stablecoin RLUSD has reached a new milestone by becoming the ninth largest stablecoin worldwide, surpassing $1.64 billion in market capitalization. This growth comes amid a bullish shift in the crypto market, with RLUSD's trading volume surg...
