The post XRP MVRV Hits Lowest Level Since 2020 As Traders Sell Into Fear appeared on BitcoinEthereumNews.com.
Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with NewsBTC.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field. His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone.With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader
XRP price extended losses and traded below $1.30. The price is now consolidating losses and faces hurdles near $1.30 and $1.340. XRP price started another decline and traded below the $1.30 zone. The price is now trading below $1.30 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1.340 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $1.340. XRP Price Dips Below $1.30 XRP price failed to stay above $1.340 and extended its decline, like Bitcoin and Ethereum. The price declined below $1.3250 and $1.3120 to enter a short-term bearish zone. The price even extended losses below $1.30. A low was formed at $1.2677, and the price is now consolidating losses well below the 23.6% Fib retracement level of the downward move from the $1.3638 swing high to the $1.2677 low. The price is now trading below $1.30 and the 100-hourly Simple Moving Average. If there is a fresh recove
The broader cryptocurrency market is experiencing heightened volatility, causing XRP’s price to retest support levels such as $1.33. With the altcoin experiencing steady downside movement, this move has introduced serious pressure on investors and traders as they endure losses from their positions. Waning XRP Price Movement Intensifies Pressure On Traders XRP traders are experiencing pressure […]
The post XRP (XRP) Price Prediction: Bearish Momentum Builds as Open Interest Weaken appeared on BitcoinEthereumNews.com.
XRP remains under pressure as it trades below key EMAs and major resistance zones. XRP derivatives cooling and falling open interest signal reduced trader risk appetite. Key support at $1.30–$1.28 is crucial as breakdown risks drop toward $1.20 level. XRP extended its downward trajectory this week as weakening derivatives activity and persistent exchange outflows reinforced bearish sentiment across the market. Traders continued reducing leveraged exposure after XRP failed to maintain momentum above critical resistance levels near $1.49 and $1.55. Consequently, price action shifted into a broader correction phase, with sellers maintaining short-term control. XRP Struggles Below Key Resistance Levels XRP currently trades near the lower boundary of its Donchian Channel around $1.33 after several sessions of lower highs. Moreover, the token recently slipped beneath the
Bitcoin and XRP are often compared from a price perspective, but this is not the only lens through which they can be looked at. Both cryptocurrencies are native to first-mover blockchain networks, which have survived for more than a decade, have processed large amounts of value, and have built strong investor communities. However, both blockchain […]
XRP is currently at the center of a growing debate as analysts discuss a potential move toward $100 and whether traditional market capitalization valuation models still apply. The expert argues that if XRP becomes widely used for payments and settlements, its role may shift toward financial infrastructure. In that case, the cryptocurrency’s value would depend more on network usage and transaction flow, rather than on market capitalization alone. XRP At $100 Could Happen Without A High Market Cap In an X post on May 24, crypto market expert Gina argued that XRP’s value should not be judged using traditional market capitalization models because the token is designed to serve as global financial infrastructure, not a passive store of value. According to her, XRP’s real strength does not come from its price action or total valuation, but from how frequently it can be used to move money across its network. Related Reading: Bitcoin Price Got Rejected At The 200-MA, Why Breaking $76,000 Could
XRP’s trading conditions on Binance have deteriorated sharply, according to a new analysis by market expert Sam Daodu. Daodu points to a 30-day liquidity index that has fallen to roughly 0.043, the lowest level since January 2020. For context, between 2022 and 2024 the same index typically sat above 3—and at times above 4—signaling a […]
