XRP has dropped below the $1 mark for the first time in hundreds of days, driven by a combination of factors including evaporated ETF demand, forced long liquidations, a sharp decline in on-chain activity, removal of the CLARITY Act catalyst, and defensive macro positioning ahead of US inflation data. Institutional interest has stalled, and technical indicators show XRP is oversold with resistance overhead. While large holders are accumulating, the price faces key support levels near $0.99 and downside risk toward $0.75 if weekly support breaks. A recovery above $1.036 and the 200 EMA would be needed to signal a trend reversal.
XRP's price rose over 50% in the past week, reaching $1.51, outperforming Bitcoin's 23.6% gain. However, in Germany, XRP gains are tax-free only if held for more than one year. Most investors with real gains bought XRP less than a year ago, meaning t...
XRP experienced a strong price surge to around $1.70 before pulling back to about $1.49, supported by increased trading volume. The rally pushed XRP above major moving averages, notably clearing the long-term resistance at $1.35, which is now a criti...
XRP's circulating supply increased by 5.5% year-over-year due to escrow releases, causing dilution that fee burns cannot offset, according to 21Shares. Meanwhile, revenue from the XRP Ledger (XRPL) fell sharply by 81.6% to $1.18 million in the first ...
XRP has seen a major rally in South Korea, capturing 32.20% of Upbit's trading volume during a period when the exchange processed about $830 million in just one hour. Upbit's 24-hour turnover reached approximately $3.81 billion, with Bithumb also rep...
Ripple CEO Brad Garlinghouse announced that U.S. cryptocurrency regulation is approaching a decisive moment following recent meetings at the White House and the Commodity Futures Trading Commission (CFTC). These discussions brought together crypto le...
