Key Highlights $XRP ETFs recorded no net inflows or outflows on Wednesday after $17.6 million in weekly outflows. Stronger-than-expected US inflation has increased concerns that the Federal Reserve could maintain restrictive monetary policy. An oversold daily RSI could support a short-term rebound toward $1.20, but $XRP risks falling below $1 if support fails. Muted institutional ...
Key Highlights The number of XRP holders has risen consistently over the past year to 8.66 million. XRP has fallen about 30% in seven weeks and 18.75% over the past week amid broader market pressures. Analysts are watching the $1.00 level, with continued whale accumulation potentially supporting a recovery toward $1.10 to $1.15. XRP Holder ...
Key Highlights: XRP has broken below a crucial multi-month neckline near $1.24–$1.25, confirming a broad head-and-shoulders topping formation on the daily chart. Price action met its initial downside objective near $1.10, sliding to an intraday low of $1.075 before closing near $1.098 with the daily RSI falling to an oversold 26.69. Failure to hold the ...
Key Highlights Ripple (XRP) recorded a 12% price decline during the seven-day period leading into November 9. The digital asset’s downward momentum arrives just ahead of critical macroeconomic events scheduled throughout the week. The ongoing market correction has driven a measurable surge in trader and market activity across the XRP ecosystem. XRP Suffers 12% Weekly ...
Key Highlights: AI projections evaluate a $7 to $20 long-term valuation for XRP, hinging on institutional demand, ETF inflows, and network expansion. Ripple’s escrow holdings stand at roughly 31.1 billion XRP following regular unlocks, projecting full escrow depletion around July 2035 at current net distribution rates. Near-term technical indicators show XRP trading at $1.16, hovering ...
Key Highlights: Santiment on-chain metrics show top profitable XRP trader wallets leaning heavily bearish, with three active short positions accumulating roughly 2.1 million XRP since late October. A contested XRP downside prediction pointing toward a $0.99 price target on Santiment’s Score Arena platform is slated for final resolution on November 19. Despite active shorting in ...
Key Highlights: XRP trades at $1.16 after losing its critical $1.29 mid-channel support, exposing the lower technical boundary near $0.99. Bitcoin faces potential downside toward $60,000 if it breaches its mid-range parallel channel support at $73,000. Ethereum has broken below a right-angled ascending broadening formation and lost $2,385 support, pointing toward a possible slide to ...
Key Highlights XRP traded near the $1.17 level on November 7, registering an approximate 17.4% decline over the trailing 30-day window. A technical breakdown below previous trading channels has pulled the token down from above $1.40, placing the $0.99 threshold into focus as a potential downside target. The altcoin’s downward movement occurs concurrently with Bitcoin ...
Key Highlights The XRP Binance Scarcity Index surged into positive territory following persistent negative readings, driving Binance exchange reserves to multi-year lows. Data from CryptoQuant reveals the 30-day Simple Moving Average (SMA) of XRP reserves on Binance dropped to approximately 2.60 billion tokens, down from nearly 3.29 billion tokens a year prior. Despite an 18% ...
Key Highlights: Technical analyst Steph identified a daily closing price above $1.31, ideally $1.32, as the primary confirmation signal for an impending XRP breakout targeting $1.40. A potential bullish MACD crossover on the daily chart mirrors an August 18 setup, contradicting prevailing bearish sentiment among some market observers. XRP was notably absent from the unauthorized ...
Key Highlights A technical buy signal on the 3-day XRP chart has appeared, historically followed by rebounds of 31%, 24%, and 18%. Santiment on-chain data shows wallets holding at least 10 million XRP now control 68.5% of the total supply (46.78 billion tokens), reaching their highest accumulation levels since November 2022. Binance XRP Open Interest ...
Key Highlights: Analyst Martinez warns that ongoing transfers of XRP by large investors to centralized exchanges could heighten market selling pressure. Technical analysis identifies $1.26 as a crucial support threshold representing the lower boundary of a multi-month price channel formed since August. A confirmed breakdown below $1.26 could drive XRP down to $1.11, with extended ...