XRP's open interest in derivatives has recovered sharply after a late-August drop, reaching around $244 million on Binance by September 6. However, aggressive selling continues in both perpetual futures and spot markets, indicated by a negative cumulative volume delta (CVD) suggesting more sell orders than buys. Despite this selling pressure, XRP's price remains stable around $1.42, creating a unique market condition where exposure is rising but bearish sentiment dominates. This signals traders expect lower prices even as the token shows resilience, highlighting a cautious and complex market outlook for XRP.
Bitcoin fell to its lowest level in over a month, slipping below $80,000, as the U.S. rapidly evacuated personnel from Middle Eastern embassies and military bases due to heightened threats of Iranian attacks. Intelligence reports indicate Iran is adv...
On October 23, XRP recorded the highest funding rate among five major crypto perpetual futures markets at 0.0100% every eight hours, or 10.9% annualized, with a mark price of $1.29. Despite this, open interest declined by 3.33% to $401.6 million, ref...
Franklin Templeton issued about $150 million in tokenized money market fund shares on the XRP Ledger, nearly quadrupling its presence on the network within 48 hours. Despite this institutional adoption, XRP's price fell about 3% to $1.28, reflecting ...
David Schwartz, Ripple's former CTO, stated that the XRP Ledger (XRPL) is unlikely to achieve major success in financial applications as long as its native asset, XRP, lacks strong demand and value. He explained that XRP is essential for operating th...
Crypto analyst EGRAG CRYPTO projects that XRP's price could climb to $16.87 by April 2027, based on a historical fractal applied to its price structure. The forecast includes intermediate targets of $5.46 and $10.10 before reaching $16.87. Key suppor...
