XRP exhibits a descending triangle pattern with critical support near the $1.80–$2.00 price range, signaling potential downside risk according to technical analysis. Historical data indicates this pattern carries a 54% probability of breakdown, which could drive XRP toward the $1… Read More »XRP Faces Critical Support Test Amid Bearish Technical Pattern, Potential ETF Catalyst Looms
XRP experienced heightened volatility, declining approximately 7% due to geopolitical tensions impacting cryptocurrency markets. The digital asset dropped from around $2.20 to $1.90 before stabilizing near the $2.06 level, reflecting elevated market uncertainty. Technical analysts present conflicting outlooks for XRP’s… Read More »XRP Price Volatility Intensifies Amid Geopolitical Tensions and Divergent Technical Views
Purpose Investments has launched Canada’s inaugural spot XRP exchange-traded fund (ETF) after receiving regulatory approval. Trading under the ticker XRPP on the Toronto Stock Exchange, the Purpose XRP ETF marks a milestone as the first fund in Canada to offer… Read More »XRP Price Declines Despite Canada’s First Spot ETF Approval Amid Market Pressures
Significant whale accumulation and heightened network activity are fueling bullish sentiment for XRP, with technical indicators pointing towards potential substantial price appreciation. The number of XRP wallets holding over 1 million tokens has reached an unprecedented high of 2,700, signaling… Read More »XRP Whale Activity Surges Amid Bullish Indicators, $3 Target in Sight
Technical analysts indicate XRP could surge toward $14 if it breaks out from its current bull pennant formation and reclaims critical moving average levels. The cryptocurrency is consolidating between $2.05 and $2.40 on weekly charts, with the observed pennant pattern… Read More »Analysts Predict Potential $14 XRP Rally on Bull Pennant Breakout and Key Technical Levels
The XRP Ledger has experienced unprecedented network activity with daily interacting addresses averaging over 295,000 in the past week. This marks a dramatic surge from the typical 35,000 to 40,000 range, signaling heightened user engagement and transaction volume. Simultaneously, whale… Read More »XRP Ledger Sees Record Network Activity and Whale Accumulation Amid Market Volatility