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Key takeaways:Declining onchain activity and decreasing open interest signal potential further losses.XRP technicals warn of a drop to $2 if $2.70 support fails.XRP price extended the losses from the sharp sell-off last week. The altcoinâs price is down 1.78% over the last 24 hours to trade at $2.7âŠ
XRP is showing signs of weakness on the charts as bearish pressure continues to weigh on price action. After touching nearly $3.40 earlier this month, the token has been steadily retracing, confirming a bearish divergence that analysts have been warning about since July.Bearish Divergence Still in PâŠ
Institutional interest in XRP is gaining momentum, and Japanâs gaming powerhouse Gumi Inc. has doubled down on that trend. The SBI-backed firm has approved a „2.5 billion ($17 million) XRP purchase over the next five months. This marks a notable shift in treasury strategy, more than doubling Gumiâs âŠ
TL;DRWhatâs Next in 2025?Hidden Roadâs purchase for $1.25 billion stands out as the most significant acquisition made by the Brad Garlinghouse-spearheaded company this year, as some believe it will be agame-changerfor both Ripple and XRP.When it comes down to positive developments, though, perhaps nâŠ
The cryptocurrency market saw a sharp downturn in the past 24 hours, with total market capitalization dropping 3.87% to $3.75 trillion, according to CoinMarketCap data. Bitcoin dropped 3.77% to trade near $108,675. Ethereum also fell nearly 4%, sliding to $4,340. Among the top coins, XRP was one of âŠ
Bitcoinâs overall grim situation only worsened today as the asset just plunged to its lowest price level in over seven weeks at $108,100.This came after the release of the US PCE data, which showed that overall prices increased by 2.6% in July.These numbers were essentially in line with expertsâ expâŠ
Ripple, its native token XRP, and its stablecoin RLUSD remain some of the most intriguing topics in the crypto space. In the following lines, we will touch upon the latest news surrounding them.Rippleâs Recent EndeavorsEarlier this week, the leading Chinese supply chain finance provider, Linklogis, âŠ
Talk of Chainlink replacing Ripple has been making the rounds online, and it has stirred unease within the XRP community. Many fear that Ripple could be losing ground in Japanâs financial system, a region where it once held a strong position.Some holders are also questioning whether XRP is still parâŠ
Key takeaways:XRPâs macro outlook remains bullish, with technical scenarios projecting a cycle top above $20, according to one analyst.XRPâs symmetrical triangle signals a potential bullish breakout targeting $4.XRPâs price fell 22% to $2.72 from its multi-year high of $3.66 reached on July 18, befâŠ
XRP has scored a huge win in Asia, as the Chinese fintech firm, Linklogis, partnered with XRP Ledger (XRPL). The ledger was selected to power Chinaâs global digital supply chain finance platform via the new partnership. XRP Ledger Partners with LinklogisIn a recent press release, Chinaâs leading supâŠ
TL;DRPrice Pattern Shows Reversal Setup, But Momentum FadesXRP recently formed an inverse head and shoulders pattern, a structure that often suggests a possible change in trend. The pattern was visible toward the end of July, with the price attempting to break higher. While the setup pointed to a poâŠ
The global cryptocurrency market cap stands at $3.87 trillion. Bitcoin slipped to nearly $110,000 earlier this week, its lowest in seven weeks, raising concerns about a possible retest of the $100,000 level. Ethereum also faced sharp swings but still holds above $4,500, while XRP trades around $2.97âŠ