XRP Technical Analysis: Bulls Eye a Breakout as $2.9 Resistance Looms 

XRP’s price movement on Dec. 13, 2024, reflects an intricate mix of bullish energy and moments of hesitation, with signals across various timeframes hinting at potential breakout opportunities. XRP On the 1-hour chart, XRP shows a short-term uptrend, bouncing from $2.286 to $2.48. However, the appearance of small-bodied candles near $2.48 suggests uncertainty among traders. … Read more

XRP Technical Analysis: Price Maintains Balance in Consolidation, Eyeing Critical Breakouts

As of Dec. 12, 2024, the XRP/USD market reflects a steady consolidation phase across several timeframes, with bulls and bears locked in a tug-of-war at pivotal levels. XRP On Thursday, XRP’s daily chart paints a picture of an earlier uptrend tempered by recent consolidation. Prices climbed from $0.54 to a high near $2.91, encountering a … Read more

Analyst: XRP’s Open Interest Spike Points to its Growing Appeal and Foundational Strengths

A surge in XRP’s open interest suggests continued investor interest in the cryptocurrency, according to analyst Iliya Kalchev. XRP Open Interest Leverage Driven The recent spike in XRP’s open interest suggests the number four digital asset is likely to remain “a focal point in the crypto space for the foreseeable future,” according to Iliya Kalchev, … Read more

Ripple’s Stablecoin Approved: RLUSD Launch Could Supercharge XRP Demand

Ripple’s RLUSD stablecoin is launching imminently with NYDFS approval, poised to ignite XRP liquidity and ecosystem growth across major blockchains and partner platforms. Regulatory Green Light: Ripple’s Stablecoin Launch Is Around the Corner Ripple disclosed the forthcoming introduction of its stablecoin, RLUSD, on social media platform X Tuesday. The company emphasized the importance of vigilance … Read more