XRP remains under pressure on higher timeframes after extending its decline within a broad descending channel. However, the asset is now attempting to stabilize above an important support region while showing early signs of recovery against Bitcoin. The coming sessions could determine whether it can establish a meaningful bottom or continue its longer-term downtrend. Ripple […]
XRP is approaching a decisive liquidity zone after a brutal market-wide crypto flush, with analyst Will Taylor (@CryptoinsightUK) arguing that downside liquidity has largely been swept while larger pools may now sit above price. The setup comes as crypto sentiment has deteriorated sharply following roughly $5 billion in liquidations across the market. XRP Battles Long-Term Downtrend In the latest edition of The Weekly Insight, Taylor framed the current XRP structure as part of a broader capitulation event rather than an isolated altcoin breakdown. Bitcoin, Ethereum and XRP have all moved into areas where major liquidity has been taken, according to the analyst, raising the question of whether the market is preparing for another leg lower or setting up for a violent reversal. For XRP, the key level remains the liquidity band near $1. The analyst noted that the token still has downside liquidity in that region, but argued that it looks modest when measured against the larger liquidity po
XRP price has stabilized near $1.14 after a sharp weekly selloff, but analyst warnings and weak technical structure suggest the token could still revisit $0.90 before forming a durable bottom. According to data from crypto.news, XRP (XRP) price traded near…
XRP price started a recovery wave above $1.10 and $1.1250. The price is now consolidating and might aim for a fresh move if it clears $1.1730. XRP price started a recovery wave above the $1.1250 zone. The price is now trading below $1.1220 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $1.10 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it settles above $1.1250. XRP Price Eyes More Gains XRP price remained supported above $1.050 and started a recovery wave, like Bitcoin and Ethereum. The price was able to climb above $1.10 and $1.120 to enter a short-term positive zone. There was a break above a bearish trend line with resistance at $1.10 on the hourly chart of the XRP/USD pair. The bulls pushed the price above the 23.6% Fib retracement level of the downward move from the $1.3640 swing high to the $1.052 swing low. The price is now trading above $1.120 and the 100-hourl
Ripple CTO Emeritus David Schwartz said XRP utility is expanding as the XRP Ledger supports issued assets, tokenized real-world assets, and a growing range of financial products such as securities, funds, repos, and loans. ‘ XRP in a Minute’ Shows How XRPL Is Moving Beyond Basic Transfers Ripple published a new “ XRP in a […]
Long traders bore the brunt of the damage when over $382,000 in Shiba Inu futures positions were liquidated in a single day, with $365,660 wiped from bullish bets and just $17,320 lost on the short side. Related Reading: XRP Monthly RSI Drops To All-Time Low As Market Watches For Confirmation That wave of forced closures came as a long-dormant SHIB wallet suddenly came back to life after nearly 10 months of silence, drawing fresh attention to a token already under pressure. A Wallet Empties Out Data from Arkham Intelligence shows the wallet began its return with a test run — a small 10 million SHIB transfer through a MetaMask swap. After that, the holder moved fast, pushing nearly 400 billion tokens through BitGo’s Forwarder Smart Contract across three separate transactions: nearly 112 billion first, then almost 190 billion, then a final 99 billion. When it was done, the wallet held just 110 SHIB. The total amount transferred came to 399,989,999,938 SHIB. The address, which had sat unt