XRP's price recovered to around $1.13 as buyers defended key support levels, supported by $2.49 million in spot ETF inflows, signaling continued institutional interest. Analysts note a possible short-term breakout if XRP sustains above $1.13, targeting $1.35, but the token remains in a broader downtrend with significant resistance ahead. The market shows mixed signals with improving momentum but a still intact descending channel, meaning the rally could falter without stronger volume and price confirmation. Institutional demand remains steady, but XRP must break above $1.16 to strengthen its recovery and shift the longer-term trend.
XRP is approaching a critical resistance level at $1.13, which could confirm a bullish breakout if surpassed. The cryptocurrency has been consolidating within a symmetrical triangle pattern since late June, indicating a potential strong price move on...
Ripple Prime is advancing Wall Street 2.0 by integrating blockchain technology into institutional finance, transforming XRP into productive collateral. Following its acquisition of Hidden Road, Ripple Prime has tripled revenues and enhanced lending c...
XRP whale inflows to Binance have sharply declined, hitting a two-month low and suggesting reduced selling pressure from large holders. Despite this, futures traders increased bullish exposure, with open interest and funding rates rising, indicating ...
XRP's spot trading volume on South Korea's Upbit exchange has fallen by nearly 51% over a month, with Binance also seeing a 99% drop in XRP spot flows. Despite this, derivatives markets show increased activity, with Open Interest on Binance rising 5....
XRP funding rates fell sharply by 240% on July 21, coinciding with a 4% price rally above $1.13. This divergence suggests traders are reducing leveraged long positions despite rising prices, indicating leverage normalization. The rally shifts short-t...
