XRP has stabilized above the key $1 support level after a sharp drop from $1.30, with selling pressure fading between $1.05 and $1.10. This suggests sellers are losing conviction, but it is not yet a bullish reversal. For a clear uptrend, XRP needs to break above $1.30 convincingly. The market is currently in a recovery phase, with sideways movement or further declines possible depending on momentum and broader market conditions like Bitcoin's stability.
The U.S. SEC has approved NYSE Arca's proposal to list the T. Rowe Price Active Crypto ETF, an actively managed fund that can hold a variety of cryptocurrencies including Bitcoin, Ethereum, XRP, Solana, Dogecoin, and Shiba Inu. This ETF aims for long...
XRP is trading around $1.14 with declining trading volume, signaling weak market conviction and sustained bearish pressure. Despite a slight short-term bounce, XRP has fallen over 22% in the past 30 days, reflecting cautious investor sentiment. Most ...
Ripple CEO Brad Garlinghouse announced the company’s goal to reach a $1 billion revenue run rate by the end of 2026, explicitly excluding revenue from XRP token holdings. This distinction highlights Ripple’s focus on fintech infrastructure services s...
XRP recently fell below its crucial $1.32 support, trading around $1.15 amid a bearish trend. However, on-chain data reveals strong network activity with over one million daily transactions and high payment volumes, indicating sustained usage despite...
In the past seven days, $55.9 million worth of Ripple USD (RLUSD) stablecoins were burned, outpacing the $8.8 million minted, signaling reduced activity in June compared to May. Early June saw high RLUSD activity with $127.4 million minted on the fir...
