XRP's price dropped to around $1.10 amid bearish market conditions and long liquidations, despite Ripple receiving preliminary approval for a Crypto Asset Service Provider license under the EU's MiCA framework. The regulatory milestone could help Ripple expand its services across Europe, but XRP faces technical weakness with key support at $1.09-$1.10 under pressure. Broader macroeconomic challenges like high interest rates and inflation continue to weigh on crypto markets. If XRP fails to hold support, further downside is likely, though reclaiming resistance near $1.13 could stabilize the token.
An XRP whale on Hyperliquid faces a potential $30 million liquidation due to a highly leveraged long position amid recent price drops. The trader holds 27.9 million XRP with 20x leverage, currently suffering unrealized losses exceeding $672,000, and ...
XRP's price is under pressure, falling 3.3% and nearing a critical support level at $1.10. If this support breaks, XRP could drop to $0.80, reflecting a 27% decline. Increased net inflows to exchanges and whale movements suggest significant selling a...
XRP has experienced a significant decline of 16.98% in June, driven by a breakdown in the monthly Bollinger Bands indicator that now points to a price target below $1. This drop follows a prolonged period of low volatility and consolidation, with sel...
XRP's price is trading within a tight range of $1.10 to $1.30, influenced by a balance between strong institutional demand via ETFs and recurring supply from scheduled escrow unlocks. Recent liquidation events have tested the lower boundary, but bids...
XRP is currently retesting a significant multi-year support level that has historically acted as a strong demand zone. Analysts are closely watching to see if buyers can defend this area, which could determine the cryptocurrency's next major price di...
