XRP faces intense FUD as its price plunges 31%, even as ETF inflows remain strong and support its long-term outlook. Negative comments about Ripple’s XRP token on social media have reached their highest point in more than a month. This wave of doubt has hit at a time when the asset’s price is struggling, falling […]
XRP reflects the 2017 breakout setup as the MACD crossover approaches and the RSI resets. Analysts expect a breakout of $2.75, while liquidity rises above $3. Ripple’s Repeating a historical pattern A chart from analyst ChartNerd compares XRP’s current setup to the 2016-2017 cycle. At that point, the asset formed a double top, followed by […]
Meanwhile, the price of the underlying asset is still at $2.15. Less than a month after the successful launch of the first US-based spot What is particularly impressive in this case is the fact that all trading days since November 13 were in the green. XRP ETF series continues Recall that Canary Capital’s XRPC was […]
Backed by Flare and Sentora, Firelight is taking a security-first approach to launching and introducing XRP staking capabilities. XRP holders are about to start earning passive income from their assets following the launch of the decentralized finance chain (DeFi), Firelight Protocol. The release of the network provides native staking and yield capabilities for Ripple’s native […]
XRP is currently around $2.00, but is another rally in store? Ripple’s XRP, along with the rest of the cryptocurrency market, has been through the wringer in recent months, but there is some hope on the horizon. Data shared by popular analyst CW shows that XRP spot volume has calmed down lately, which, history suggests, […]
XRP holds key support near USD 2.00 after a sharp decline. Analysts point to a Wyckoff setup, ETF flows and macro support for possible recovery. XRP is trading at $2.02, after dropping nearly 7% in the past 24 hours. Despite the pressure, inflation remains above the key levels that have provided support over the past […]
Is it another sell-the-news day? A new month has started on a similar note to the last, with the cryptocurrency market bleeding heavily and nearly $200 billion leaving the space in less than 12 hours. There appear to be no real catalysts behind the latest crash, other than over-indebted market participants. Nevertheless, some altcoins have […]
Will the tide turn for XRP in December after a double-digit decline in November? It’s been a wild period in the cryptocurrency markets, with BTC and much larger alts posting double-digit price increases weekly, but similar or even more painful declines monthly. With the last month of the year upon us, we decided to focus […]
XRP has had a good week, but what now? Ripple’s native token has performed quite impressively over the past seven days, posting more notable price gains than many of its competitors. XRP is up more than 15% since this time last week, but is still down double digits on a monthly basis. What would happen […]
XRP Nears Key Breakout Level as Analysts Track Wave 5 Potential; whale wallets offload 2.2 billion XRP, while technicals point towards $5.85. XRP is showing signs of a possible new wave in its market structure. Technical indicators and chart formations correspond to a potential upward move. Analysts are looking for confirmation as price action approaches […]