XRP Price Under Pressure Again, Traders Eye Possible Weekly Breakdown

The idea of XRP reaching $200 may sound bold, but for many analysts it’s also tied to one uncomfortable reality: the token would need more than a strong chart—it would require the market to expand to a level crypto has never reached. Market expert Sam Daodu argued in his latest report that the gap between where XRP trades today and the $200 milestone is larger than most people think, and that all major conditions in his framework must arrive together, not in stages. Why XRP Needs A Bigger Crypto Market XRP is currently about 63% below its all-time high of $3.65 reached last year, while trading at $1.34 at the time of writing, yet the debate around $200 remains unresolved.  Daodu points to the supply side as the first hurdle. XRP has over 61.8 billion tokens in circulation, and to take a $200 target seriously, that supply has to be multiplied out. At $200 per token, the total value of XRP would be roughly $12.4 trillion. That figure is about five times the total value of the crypto mark

XRP price trades near $1.33 as death cross signals, weak momentum, ETF inflows and deep MVRV losses create a mixed rebound setup this month.

Dogecoin corrected some gains from the $0.1050 zone against the US Dollar. DOGE is now holding the $0.10 support but could extend losses. DOGE price started a fresh downside correction below $0.1020. The price is trading below the $0.1020 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.1020 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could aim for a fresh increase if it remains stable above $0.10. Dogecoin Price Holds Support Dogecoin price started a downside correction after it failed to surpass $0.1050, like Bitcoin and Ethereum. DOGE declined below the $0.1035 and $0.1020 levels. There was a move below the 50% Fib retracement level of the upward move from the $0.0968 swing low to the $0.1048 high. The price even spiked below $0.10 before the bulls appeared. Besides, there is a bearish trend line forming with resistance at $0.1020 on the hourly chart of the DOGE/USD pair. Dogecoin price is n

A new proposal seeks to make XRPL's AMM more competitive with modern decentralized designs more suited to crypto's volatile nature.

XRP has been grinding in sideways consolidation below key resistance since early February, showing no clear trend and offering participants little directional conviction despite weeks of waiting for a catalyst to force a decisive move. The indecision is real and the chart reflects it — but a CryptoQuant report tracking derivatives activity has identified two […]

A closer look at some of the important Ripple news from the last few days and a price update on XRP.

Ethereum price started a fresh decline and traded below $2,080. ETH is now consolidating above $2,050 and might struggle to recover. Ethereum remained in a bearish zone after a fresh decline. The price is trading below $2,100 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $2,095 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,100 zone. Ethereum Price Consolidates Losses Ethereum price failed to remain stable above $2,120 and started a downside correction, like Bitcoin. ETH price dipped below the $2,110 and $2,100 levels. The price even traded below $2,080. Besides, there was a break below a bullish trend line with support at $2,095 on the hourly chart of ETH/USD. A low was formed at $2,052, and the price is now attempting to recover. There was a recovery wave above the 23.6% Fib retracement level of the downward move from the $2,138 swing high to the $2,052 low.

XRP trades near $1.33 as $1.65 resistance caps recovery, while $1.10 and $0.87 remain key lower support levels. XRP is trading near a key support area after another failed move below the wider consolidation range. Traders are now watching the $1.65 resistance level, as a reclaim may be needed before any stronger recovery develops. XRP […] The post XRP Faces Final Flush Risk As $1.65 Resistance Blocks Recovery Move appeared first on Live Bitcoin News.