XRP is hovering near a critical support level of $1.06, which traders see as pivotal for its short-term direction. Despite a modest daily rebound, XRP remains down over the past week and three months, reflecting cautious market sentiment. Key upcoming events include Ripple's potential European approval and the July 1 compliance deadline in California, both of which could influence XRP's price momentum. A weekly close above $1.06 may trigger a recovery, while a breakdown could lead to deeper losses toward $0.80 or lower, with seasonal trends suggesting July could bring stronger performance if support holds.
Ripple's XRP price fell to $1.02, its lowest since early February, after leveraged traders faced $9 million in liquidations, mainly on Binance. This forced selling reduced speculative pressure and lowered open interest on major exchanges, potentially...
Bitcoin and Ethereum showed minimal gains, trading mostly flat, while altcoins such as Solana and XRP outperformed with notable price increases. This pattern indicates a rotation-driven market where investors selectively move capital among tokens rat...
XRP recovered above the $1 mark following Ripple's approval under the EU's MiCA regulatory framework and consistent inflows into XRP spot ETFs. This regulatory clarity from Luxembourg's financial authority enhances Ripple's institutional appeal and s...
Ripple CEO Brad Garlinghouse criticized Strategy's method of funding bitcoin purchases through issuing preferred shares, calling it unsustainable financial engineering that harms long-term value. Strategy's preferred shares dropped 25% below their $1...
XRP's price fell 8% over the past week to around $1.05, marking a 43% decline year-to-date in 2026. Despite this, open interest in leveraged contracts rose 1.13% to $2.37 billion, while funding rates turned negative, indicating bearish sentiment. Ana...
