In Brief XRP price remains stable with neutral RSI and modest buying activity, signaling an uncertain trend direction. Chaikin Money Flow turned positive at 0.08, reflecting slight accumulation but weak buying pressure overall. A potential bullish EMA crossover could break resistance if buying momentum strengthens in the coming days. Ripple (XRP) price has been relatively…
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In Brief Despite important happenings within the Ripple ecosystem, XRP’s price remains muted. Ripple’s announcement of XRPL smart contracts had no positive effect, with XRP’s price dropping 3%. Rising selling pressure and negative market indicators suggest further XRP devaluation toward $0.52 or $0.46. XRP’s strong correlation with Bitcoin (BTC) might be limiting its performance, as…
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In Brief The SEC is expected to appeal Ripple’s court ruling on XRP sales. The agency disputes the classification of XRP secondary sales. The appeal could also challenge the reduced $125 million fine. The US Securities and Exchange Commission (SEC) is expected to appeal the judge’s ruling in its case against Ripple Labs. The appeal…
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In Brief XRP worth $4M exits Binance as social sentiment shifts to neutral from fear, indicating changing market dynamics. Blockchair reports $4.2M XRP moved to unknown wallet; another $1.45M XRP transferred from Bitstamp to Binance. Ripple CTO emphasizes XRP’s utility for cross-border transactions over investment potential amid market fluctuations. XRP transactions on exchanges recorded an…
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In Brief Ripple’s (XRP) price nearly crashed by 11% in a day yesterday before recovering to trade at $0.43. The participation from XRP holders continues to remain weak, impacting the potential for recovery. Conviction, however, is still strong as investors are refraining from moving their holdings around. Ripple (XRP) price momentum has turned bearish, and…
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In Brief XRP price is slowing its drawdown after falling below $0.50 in the last two weeks. Whales have accumulated over 100 million XRP worth $47 million in the last 48 hours. Retail investors are not very active in the network, which could counter whales’ bullishness. Ripple’s (XRP) price action has consistently disappointed its investors,…
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In Brief XRP price is slowing its drawdown after falling below $0.50 in the last two weeks. Whales have accumulated over 100 million XRP worth $47 million in the last 48 hours. Retail investors are not very active in the network, which could counter whales’ bullishness. Ripple’s (XRP) price action has consistently disappointed its investors,…
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In Brief XRP price is in a gradual uptrend, targeting a close above $0.56, but this may take some time. Long-term holders have suddenly begun moving their holdings around, pulling away from the pattern. Participation is also consistently declining, which suggests liquidity could also be taking a hit. Although Ripple (XRP) price may not have…
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In Brief XRP price is in a gradual uptrend, targeting a close above $0.56, but this may take some time. Long-term holders have suddenly begun moving their holdings around, pulling away from the pattern. Participation is also consistently declining, which suggests liquidity could also be taking a hit. Although Ripple (XRP) price may not have…
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In Brief VELO, dubbed “XRP of Southeast Asia,” surged 358% in six weeks. It rebounded from $0.008826 to $0.02873, despite market downturns. VELO enhances cross-border payments with smart contracts. VELO has emerged as the latest sensation in the crypto market, earning the moniker “the XRP of Southeast Asia.” Over the past six weeks, this crypto…
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