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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In Brief XRP’s non-empty wallets up 7%, total 5.2 million wallets. Uniswap wallet addresses grow 140% to 7.26 million in a year. Both projects show rising investor interest, market activity. XRP and Uniswap have demonstrated a considerable increase in the number of new addresses. This growth reflects heightened investor interest and expanding market activity. XRP…
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In Brief XRP price is prone to losing the support of $0.50, which, in addition to bearish cues, will result in a drawdown. Institutional interest continues to fade in Ripple, with the altcoin noting the lowest inflows of all assets last week. Retail investors aren’t too bullish either, with the Funding Rate turning negative for…
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In Brief XRP price has nearly validated the descending triangle pattern, which suggests a 25% correction for the altcoin. Investors are exhibiting bullish sentiment, which suggests that selling will be held off for now, making room for recovery. Mean Coin Age shows that the majority of the XRP investors prefer to hold their assets over…
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In Brief Ripple price has already lost the support of the 50-day EMA and is close to losing the 100-day EMA as well. Long-term holders have been moving their holdings, which historically has been a signal for corrections. The bearish trend is yet to gain strength, giving XRP a shot at bouncing back from $0.60.…
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