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Key takeaways:XRP establishes support at $2.80, with a potential descending triangle breakout projecting a 23% rally to $3.66.US Securities and Exchange Commission approval of spot XRP ETFs could add to the October tailwinds.XRP’s price rose 5% in the past 24 hours, up 11% from its local low of $2.…
The XRP price is positioned at a pivotal level that will determine the next trend to play out from here. This was highlighted by crypto analyst, The Alchemist Trader, in a TradingView post that shared notable insights into the current price action of the cryptocurrency. The crypto analyst also expla…
Following a wave of whale transactions totaling more than 1.3 billion tokens in just eight hours, the XRP market is heating up, indicating an abrupt spike in institutional-scale activity. Whale Alert data reveals significant movements, including 700 million in XRP transfers between unidentified wall…
XRP is trading just under $3 after recovering from its recent pullback. On the weekly chart, the token still carries a bearish divergence that first appeared in July near $3.40. That pattern has weighed on the price for several months. Even so, the market has now stabilized, with strong support hold…
Coil CEO Stefan Thomas has joined the choir of voices reacting to the upcoming exit of Ripple CTO David Schwartz. Thomas, who held the same role before Schwartz, described the latter as "the heart of XRP." "You are and always will be the heart of XRP, and I can't wait to see what you get up to with …
XRP Ledger has welcomed a new token standard as the XLS-33 MPToken V1 amendment goes live on XRP Ledger following a successful 14-day activation period.Multi-Purpose Tokens (MPTs) are a form of fungible token on the XRP Ledger designed for greater efficiency and ease of use based on what was learned…
The U.S. government has officially been shut down just as dozens of different types of cryptocurrency exchange-traded funds were primed to get the Securities and Exchange Commission's sign-off. One source who spoke with The Block called the situation "brutal."The SEC is weighing heaps of crypto ETF …
Key points:Bitcoin has broken above the $117,500 resistance, opening the gates for a retest of the all-time high at $124,474.Several altcoins have started a strong relief rally, signaling solid buying at lower levels.Bitcoin closed September with gains of more than 5% and the bulls extended the gai…
By George GloverBitcoin and other cryptocurrencies were rallying on Wednesday, likely benefiting from the uncertainty around the U.S. government shutdown.The world's largest token was up 3.1% to $116,312 over the past 24 hours, according to data from CoinDesk. It's now trading about 7% off the recor…
XRP is showing signs of strength as it holds above key support levels, but the road to a breakout remains far from clear. While momentum off the trendline brings optimism, bearish divergences on higher timeframes are raising caution. Bearish Divergence Signals Market CautionCasiTrades, in a recent u…
David Schwartz, a prominent figure in the cryptocurrency industry due to his role at Ripple Labs, announced plans to “step back from [his] day-to-day duties” at the blockchain company.In a Tuesday X post, Schwartz, known for being one of the architects of the XRP Ledger, said he would be scaling bac…
The price of the XRP token has remained mostly flat following Ripple CTO David Schwart's surprising resignation announcement. As reported by U.Today, Schwartz will leave his CTO role at the end of the year while getting a seat on the company's board of directors. The third-largest cryptocurrency is …