Is XRP crashing? The sustained break below $2 signals trouble
XRP’s price chart paints a bearish picture, but a softer-than-expected U.S. inflation could spark a rebound.
XRP’s price chart paints a bearish picture, but a softer-than-expected U.S. inflation could spark a rebound.
This is a technical analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin Bitcoin’s BTC$93,006.37 30-day implied volatility index (BVIV) has contracted sharply to 48, decisively breaking below the bullish trendline established since the September lows. This breakdown signals a dissipation of… Read More
Grayscale’s two new crypto exchange-traded funds (ETFs) will go live on NYSE Arca on Monday, offering U.S. investors simplified access to DOGE$0.1399 and XRP for the first time through regulated public markets. The Grayscale Dogecoin Trust ETF (GDOG) and Grayscale XRP Trust ETF (GXRP) are… Read More
XRP faced intense selling pressure at key support levels before a dramatic, high-volume V-shaped reversal signaled potential exhaustion of downward momentum. News Background The decline unfolded against a backdrop of mixed institutional signals and heightened macro uncertainty. Crypto markets remain trapped in a medium-term downtrend,… Read More
Bitcoin has rebounded above $103,000, lifting altcoins.
A proposed XRP Ledger amendment, Batch (XLS-56), is generating excitement among developers and validators alike. One pseudonymous XRP validator, Vet, has shared his experience testing the Batch functionality on the dev net, where multiple transactions, including minting and payments for non-fungible tokens (NFTs), can be… Read More