XRP price extended losses and traded below $1.320. The price is now consolidating losses and faces hurdles near $1.2880 and $1.30. XRP price started another decline and traded below the $1.280 zone. The price is now trading below $1.280 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1.3150 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $1.30. XRP Price Dips Below $1.280 XRP price failed to stay above $1.320 and extended its decline, like Bitcoin and Ethereum. The price declined below $1.3050 and $1.30 to enter a short-term bearish zone. The price even extended losses below $1.2880. A low was formed at $1.2752, and the price is now consolidating losses well below the 23.6% Fib retracement level of the downward move from the $1.3642 swing high to the $1.2752 low. The price is now trading below $1.2880 and the 100-hourly Simple Moving Average. If there is a fresh
Solana failed to settle above $84 and trimmed most gains. SOL price is now consolidating losses above $78 and might continue to move down. SOL price started a fresh decline below $82 and $81.20 against the US Dollar. The price is now trading below $81.20 and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $82.00 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $78.80 or $78.00. Solana Price Dips From $84 Solana price failed to remain stable above $83.20 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $82 and $81.50 levels. The bears even pushed the price toward $80. A low was formed at $79.01, and the price is now consolidating losses. There was a break above the 38.2% Fib retracement level of the downward move from the $83.26 swing high to the $79.01 low. Solana is now trading below $81.20 and the 100-hourly simple moving average. On
On-chain data shows exchanges recently received the largest XRP deposit wave of 2026, before withdrawals completely flipped the trend. XRP Has Seen Massive Outflows That Reversed The Earlier Deposits As pointed out by on-chain analytics firm Santiment in an X post, exchange-activity related to XRP has occurred on a notable scale in both directions recently. The indicator of interest here is the “Exchange Flow Balance,” which measures the net amount of a given asset that’s moving into or out of the wallets connected to centralized exchanges. Related Reading: Ethereum Price Falls, But Whales Push Holdings To 10-Week High When the value of the indicator is positive, it means traders are depositing a net number of tokens to these platforms. As one of the main reasons why investors their transfer their coins to exchanges is for selling-related purposes, this kind of trend can be bearish for the cryptocurrency. On the other hand, the metric being below the zero mark suggests the outflows are
Ethereum price started a fresh decline and traded below $1,980. ETH is now consolidating below $2,000 and might continue to move down. Ethereum remained in a bearish zone after a fresh decline below $2,000. The price is trading below $2,000 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,010 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,020 zone. Ethereum Price Extends Decline Ethereum price failed to remain stable above $2,020 and started a fresh decline, like Bitcoin. ETH price dipped below the $2,010 and $2,000 levels. The price even traded below $1,980. A low was formed at $1,955, and the price recently attempted a minor recovery wave. There was a move above the 50% Fib retracement level of the downward move from the $2,035 swing high to the $1,955 low. However, the bears remained active near $2,000. There is also a bearish trend line forming with resistance
Bitcoin price started a fresh decline below the $72,500 zone. BTC is consolidating and might continue to move down if it dips below $70,500. Bitcoin failed to stay above $73,500 and extended losses. The price is trading below $72,500 and the 100 hourly simple moving average. There was a break below a bullish trend line with support at $73,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $72,500 and $73,500 levels. Bitcoin Price Takes A Hit Bitcoin price failed to stay above the $74,000 support zone. BTC remained in a bearish zone and extended losses below the $73,500 level. There was a move below the $73,000 level. There was a break below a bullish trend line with support at $73,250 on the hourly chart of the BTC/USD pair. The price even dipped below $72,000. A low was formed at $70,581 and the price is now consolidating losses with a bearish angle below the 23.6% Fib retracement level of the downward move from the
XRP is holding critical support around $1.30 as selling pressure tests a level that bulls have been defending through weeks of market uncertainty. The price is at a genuine inflection point — and an Arab Chain analysis tracking Binance inflow data has identified a structural development in May that adds a specific supply-side context to […]
Burning the remaining escrow is an option Ripple has not ruled out, though its own chief architect has questioned whether doing so would actually move the price. David Schwartz pointed to a 2019 decision by the Stellar Development Foundation, which destroyed 55 billion XLM — half of its total supply — without triggering any noticeable price movement. Related Reading: Could XRP Hit $10 This Bull Run? World’s Highest IQ Holder Thinks So A Complicated Question On Burning Schwartz said Ripple could unilaterally ensure the locked tokens never enter circulation, and he added the company could replicate the effect of selling escrow by transferring control of the account that the escrow completes into. CEO Brad Garlinghouse, for his part, said he does not rule anything out when asked about permanently destroying the reserves. The comments come as Ripple completed its latest scheduled monthly escrow release, unlocking 1 billion XRP across three separate transactions worth more than $1.33 billio
XRP, Solana (SOL), and Cardano (ADA) are among the few cryptocurrencies that analysts believe could be significantly impacted by the upcoming CLARITY Act crypto bill. Recent updates show that the bill is still moving through the approval process, with a Senate vote expected this June. If the legislation is passed, it could mark a major […]
Kalshi files to list XRP, SOL, ETH, and DOGE perpetual futures as its regulated US crypto derivatives push expands beyond Bitcoin.
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