In Brief XRP open interest surged by $1.6 billion this week, reflecting bullish trader sentiment and anticipation of price recovery. Positive funding rates and active positioning show traders are optimistic, but loss-heavy transaction volumes signal caution. Consolidation persists between $2.18-$2.73; breaching resistance could target the $3.31 ATH, while support failure risks $1.94. XRP has struggled…
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In Brief XRP price dropped 4% in a week, with trading volume declining 33%, reflecting weak market momentum. Whale addresses holding 10 million and 100 million XRP increased slightly, signaling cautious accumulation. CMF indicator improved from -0.24 to -0.07 but remains negative, suggesting limited buying pressure. XRP’s price has dropped over 4% in the past…
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In Brief XRP is up 14% in seven days but consolidates between $2.34 and $2.46, signaling balanced sentiment with no clear market control. XRP’s RSI at 55.7 shows neutral momentum, indicating consolidation as buyers and sellers remain evenly matched in the short term. Whale activity has stabilized, with 298 addresses holding 10M–100M XRP, reflecting a…
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In Brief XRP Open Interest plunged $1 billion in 24 hours, reflecting growing trader skepticism about a price breakout. Price DAA Divergence signals bearish sentiment, with declining participation and consolidation under $2.73 resistance. XRP risks dropping below $2.00 support but could aim for $3.31 ATH if broader market conditions turn bullish. XRP has been consolidating…
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In Brief Ripple’s price surged over 330% in 30 days, hitting a 6-year high, but RSI at 46 suggests cooling bullish momentum and potential consolidation. XRP’s CMF at -0.01 highlights weak selling pressure, with uncertainty surrounding the asset’s ability to sustain positive momentum. Price could test $2.16 support or drop to $1.63, but regaining momentum…
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In Brief XRP surpasses BNB to become the fifth-largest cryptocurrency, with a market cap nearing $100 billion after a 230% surge in November. Regulatory optimism grows following Gary Gensler’s resignation and increased institutional interest, including multiple XRP ETF filings. Pro-crypto policies expected under Trump’s potential administration, including reduced capital gains taxes, could boost XRP adoption…
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In Brief Grayscale launched trading on its XRP Trust, while 21Shares formally applied for an XRP ETF, marking major developments. Grayscale’s XRP Trust offers early access but may lose appeal if dedicated XRP ETFs gain approval and market traction. SEC ambiguity around XRP ETFs persists, while firms like 21Shares and Grayscale seek to establish early…
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In Brief XRP faces resistance at $0.55 and must hold the $0.52 support level to maintain a recovery path amid waning bullish sentiment. High long position liquidations and RSI below 50 reflect weakening bullish momentum, which may limit XRP’s upward potential. Breaking $0.55 and surpassing the 50% Fibonacci level is crucial for XRP to approach…
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In Brief XRP dipped to $0.51, with LTHs showing panic, evidenced by increased asset movement amid falling prices. Network growth initially rose as XRP’s price declined but has since slowed, reflecting weakening interest from buyers. XRP aims to reclaim $0.52 as support, targeting $0.55 resistance; losing $0.47 support risks further downside. XRP price recently struggled…
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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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