XRP On-Chain Activity Down 80% In 5 Months, Experts Argue Bullish/Bearish Implications
XRP’s on-chain metrics are reportedly painting a foreboding picture for its price outlook, as data shows a steep 80% decline in new wallet creation over the past five months. This drop in network activity has sparked divided opinions between two expert analysts, with one casting doubts on XRP’s ability to reclaim the $3 mark, and…
XRP Price Action Tightens — Breakout Looms to The Upside
XRP price started a fresh decline below the $2.20 zone. The price is now consolidating losses and might recover if it clears the $2.20 hurdle. XRP price started a fresh decline below the $2.150 zone. The price is now trading below $2.20 and the 100-hourly Simple Moving Average. There is a contracting triangle forming with…
XRP Price Clings to Support — Recovery Hopes Hinge on Holding the Line
XRP price started a fresh decline below the $2.150 zone. The price is now consolidating losses and might recover unless the bears push it below $2.120. XRP price started a fresh decline below the $2.180 zone. The price is now trading below $2.20 and the 100-hourly Simple Moving Average. There was a break above a…
XRP Price Slides Under Support Level, Selling Pressure Intensifies
XRP price started a fresh decline below the $2.20 zone. The price is now consolidating losses and might decline further below the $2.150 zone. XRP price started a fresh decline below the $2.20 zone. The price is now trading below $2.20 and the 100-hourly Simple Moving Average. There was a break below a key bullish…
What Are The Implications For XRP If Ripple Captures 14% Of SWIFT’s Volume?
A recent analysis by a crypto market expert has reignited interest in XRP’s potential utility, especially in the context of Ripple capturing a portion of SWIFT’s global transaction volume. According to the expert, if Ripple secures just 14% of SWIFT’s market share, the implications for XRP’s supply and potential could be significant. XRP’s Potential If…
XRP Price Climbs Higher — Is It Finally Turning Attractive to Bulls?
XRP price started a fresh increase above the $2.20 zone. The price is now correcting gains and might find bids near the $2.2150 zone. XRP price started a decent upward move above the $2.20 zone. The price is now trading above $2.20 and the 100-hourly Simple Moving Average. There is a key bullish trend line…
XRP Price Tries to Bounce Back—But Hurdles May Delay the Comeback
XRP price started a fresh decline and tested the $2.080 zone. The price is now recovering and might aim for an upward move above the $2.20 resistance. XRP price started a decent upward move from the $2.080 zone. The price is now trading above $2.150 and the 100-hourly Simple Moving Average. There is a short-term…
XRP Price Takes a Breather—Consolidation Phase or Bullish Setup?
XRP price started a fresh increase above the $2.265 zone. The price is now consolidating and might aim for an upward move above the $2.30 resistance. XRP price started a decent upward move above the $2.250 zone. The price is now trading above $2.250 and the 100-hourly Simple Moving Average. There is a bullish trend…
XRP Price Regains Traction, Can The Bulls Pump It This Time?
XRP price started a fresh increase above the $2.25 zone. The price is now consolidating and might aim for an upward move above the $2.320 resistance. XRP price started a decent upward move above the $2.220 zone. The price is now trading above $2.250 and the 100-hourly Simple Moving Average. There is a key bullish…
XRP Price Risks Plummeting Below $2 As Sellers Take Control
XRP is currently showing signs of vulnerability as its recent price action is becoming increasingly bearish. After attempting to reclaim upside momentum above $ 2.60 in May, the cryptocurrency has struggled to maintain this run, and its price action over the past few days has brought it close to losing the $2.10 price level. Notably,…