The XRP price has been bearish all through December, with key support zones failing to hold through the growing sell pressure. While the altcoin hovers around the $1.80 price level, recent on-chain evaluation shows that the XRP price could be in a precarious situation. Bearish Divergence Materializes Between RSI And XRP Price In a Quicktake…
XRP’s open interest has reportedly crashed to lows not seen since last year, when the altcoin surged by around 600%. On-chain analytics platform CryptoQuant noted that this development could be bullish for XRP as it looks to rebound to new highs. XRP’s Open Interest Drops To Lowest Level Since 2024 In a blog post, CryptoQuant…
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been…
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this…
Banks have mostly stayed on the sidelines when it comes to holding XRP directly, even as interest in digital assets continues to increase. That hesitation has not been due to a lack of utility or demand but to strict regulatory capital rules that made holding XRP economically impractical for regulated institutions. However, a small adjustment…
Crypto analyst Skipper has drawn attention to a significant development for XRP, even as it continues to trade below the psychological $2 level. Based on this development, the selling pressure could be easing for the altcoin, while ETFs continue to contribute to buying pressure as they maintain their inflow streak. Analyst Reveals XRP’s Stochastic RSI…
Flare Network has rolled out a new yield-focused product in collaboration with Upshift and Clearstar that offers XRP holders a way to earn returns without selling their XRP holdings. XRP’s price action has been bearish in recent weeks, and that calm has carried into the past trading sessions. The cryptocurrency is trading around $1.87, after…
Crypto analyst Steph has pointed to an “interesting” chart, which has previously led to an XRP price rally. This came as the analyst also suggested that the altcoin may be forming a bottom in preparation for the next leg to the upside. Analyst Shares Why This Chart Is Interesting For The XRP Price In an…
Can a digital asset like XRP realistically sit at a few dollars if it is expected to serve as an important liquidity layer for the global financial system? That question is at the center of a growing debate around XRP’s market value and is the basis of comments shared on X by Jesse of Apex…
XRP is testing a critical long-term demand zone below the $1.90 level as market conditions continue to deteriorate across the altcoin sector. After failing to sustain upside momentum, price action has turned increasingly fragile, with bulls struggling to defend key support levels. The structure now reflects growing weakness, reinforcing concerns that the broader market may…