3 Reasons Why Ripple (XRP) Could Be Ready to Pump
Is there light at the end of the tunnel for XRP?
Crypto News·

Bank charters, licenses, and a growing stablecoin, yet XRP is down nearly half this year. The real reasons company wins stopped moving the token.
Read full articleIs there light at the end of the tunnel for XRP?
The XLS-66 lending amendment is in validator voting. How XRPL vaults, underwritten credit, and fixed-rate loans could change what XRP is worth.
XRP trades near $1.12 as ETF inflows rise, futures volume jumps, and traders watch $1.10 support before a possible rebound attempt.
Luno CEO James Lanigan warned that South Africa’s proposed Capital Flow Management Regulations could severely harm the country’s economic competitiveness by restricting stablecoin use. Lanigan Warns of Competitiveness Risk South Africa risks severely undermining its global economic competitiveness if upcoming financial regulations block the use of stablecoins, according to James Lanigan, chief executive officer of […]
As Japanese financial authorities push to expand the yen-based digital asset market, three megabanks have advanced their joint stablecoin plans by establishing a council to develop the framework for issuing the token this fiscal year. Related Reading: Japan’s SBI Bank Expands Crypto Push With BTC, ETH, XRP Rewards Program For Depositors Megabanks Advance Joint Stablecoin […]
Iran's actions could destabilize global energy markets, increase crypto's geopolitical role, and challenge Western financial sanctions. The post Iran closes Strait of Hormuz, demands Bitcoin and stablecoin payments for vessel transit appeared first on Crypto Briefing.
XRP price started a downside correction below the $1.150 zone. The price is now showing bearish signs and might decline further below $1.080. XRP price started a downside correction after it failed to stay above the $1.1550 zone. The price is now trading below $1.1350 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1.120 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $1.1350. XRP Price Turns Red XRP price struggled to stay above $1.1550 and started a fresh decline, like Bitcoin and Ethereum. The price dipped below the $1.150 and $1.1420 levels. The price even traded below the 50% Fib retracement level of the upward move from the $1.050 swing low to the $1.1862 high. However, the bulls are currently protecting the $1.10 support zone. Besides, there is a bearish trend line forming with resistance at $1.120 on the hourly chart of the XRP/USD pair. The price is now
Bitcoin is struggling below $62,000 as selling pressure and fear continue to define the market environment. The uncertainty is real — but top analyst Woominkyu has published an on-chain analysis that reveals what was actually happening during the most intense phase of the decline. And the picture it paints looks considerably different from the panic narrative that dominated market commentary at the time. Related Reading: XRP Leverage Flush Hits Bybit While Binance Holds The Line – Analyst Explains Rare Setup The on-chain data tells a story in two distinct acts. The first act was the trigger. On June 2 and 3, older dormant wallets moved massive supply to exchanges — the Inflow Coin Days Destroyed metric peaked at 2.16 million, reflecting coins that had been held for extended periods suddenly being moved toward the sell side simultaneously. That supply shock forced the price down from $71,000, creating the conditions for the breakdown that followed. The second act is where the data becom