XRP surged nearly 20% to $1.21, driven by positive news from Washington including new crypto regulations and discussions on asset tokenization. However, technical indicators like weekly Bollinger Bands and moving averages suggest this price level is a strong resistance zone, signaling a high risk of profit-taking and potential pullback. Traders are advised to be cautious as XRP has not surpassed this range since a major market crash in 2025, and a full trend reversal requires closing above $1.2340. The current rally is fueled by market optimism but may face a correction soon.
XRP's price recently fell below a key support level following the Binance hack, causing short-term losses. However, institutional interest is rising, with Spot XRP ETFs seeing significant inflows and holdings now representing nearly 2% of circulating...
XRP traded 1.4% below its 200-day simple moving average on Oct. 30, shortly after Binance announced a $6.3 billion hot wallet hack on Oct. 29. At 8:57 p.m. ET on Oct. 30, XRP was priced at 1.260 USDT compared to its 200-day average of 1.278 USDT. Whi...
XRP dropped below its 200-day moving average for the first time since August 2026 following the Binance hack, which affected nearly $300 million in XRP and caused a broader crypto market decline. The price fell to $1.19 before a slight rebound, but b...
Open interest in crypto perpetual futures rose in four of five major coins as of Oct. 31, led by Bitcoin with $7.53 billion, up 2.47% in 24 hours. Bitcoin's funding rate was positive, indicating longs pay shorts, with 72.1% of accounts holding long p...
Approximately 225 million XRP, valued at $281 million, is used as collateral for $151.8 million in stablecoin loans through Maple Finance, with major repayments due in December 2026 and January 2027. These loans allow institutions to borrow dollars a...
