The post XRP’s sell pressure is on the lower side, so why is the market still weak? appeared on BitcoinEthereumNews.com.
XRP has been looking weak lately, with activity across the board slowing down. In fact, traders aren’t as willing to take on new positions as they were, with demand yet to push up again too. Here’s what you need to know. XRP OI falls as demand takes a hit XRP’s Open interest across all exchanges fell to around $773.5 million; that’s a huge drop from levels above $1 billion in May. Source: Cryptoquant On Binance alone, the OI fell to nearly $350.6 million. So, it’s clear that leveraged traders may be reducing exposure. Source: Cryptoquant Lower Open Interest may help reduce some liquidation-based pressure, but there hasn’t been enough participation. XRP’s market cap fell to about $10.89 billion too, so new capital is not entering the market either. Meanwhile, the NVT ratio being elevated impied that network activity was yet to be strong enough for recovery
The post Former SWIFT executive denies XRP integration rumors appeared on BitcoinEthereumNews.com.
Former SWIFT Chief Innovation Officer Tom Zschach has rejected online claims that the global financial messaging network plans to integrate or support XRP. Summary Former SWIFT executive Tom Zschach rejected claims that the payment network plans to integrate XRP directly. SWIFT’s current blockchain project focuses on tokenized bank deposits and cross-border payment links between institutions. Ripple-related banks may join SWIFT pilots, but their involvement does not confirm XRP token adoption. Zschach responded to posts on X that claimed SWIFT would work with established public tokens rather than create its own digital asset. He described the alleged XRP integration as “not happening,” challenging another round of claims that lacked official confirmation. Former SWIFT executive rejects XRP claims The rumor claimed that SWIFT did not intend to compete with XRP and would instead support or
The post XRP Rejected at Descending Trendline, Stalls Near $1.11 appeared on BitcoinEthereumNews.com.
XRP News XRP has once again been turned away at the descending trendline that has capped every rally since June, sliding back toward $1.09 after a brief push higher. The move began from the $1.02–$1.04 support band, where buyers reloaded and lifted the price into the intersection of that falling resistance line and a cluster of moving averages. Sellers stepped in exactly where the confluence sat, and the rejection was clean. For an altcoin like XRP that has spent weeks trapped beneath overhead supply, the trendline remains the single most important level on the chart, and each failed test reinforces the near-term ceiling. On the institutional side, the spot XRP exchange-traded fund flattened out this session after registering a net outflow the previous trading day. The product returned to a neutral flow reading, and on-chain and fund-flow data put cumulative net inflows since launch at
The post DOT Price Prediction: $0.87 Is the Only Number That Matters Right Now appeared on BitcoinEthereumNews.com.
Timothy Morano
Jul 10, 2026 08:07
DOT sits at $0.85 with short-term moving averages stacked one cent above as an immediate ceiling; smart money shows a 2:1 long bias, but open interest is falling into the bounce, tilting the odds a…
Market Context: Why DOT is Moving Now Two percent gains don’t mean much when your 200-day SMA is 60 cents above you. That’s DOT’s reality at $0.85 this morning — a token that has been systematically dismantled through 2026, scraping off an intraday low of $0.82 with the conviction of a dead-cat bounce. The 50-day SMA at $0.99 sits 16% above current price. The 200-day at $1.38 represents a 38% structural gap that doesn’t get closed in a session, a week, or likely a month without a macro shift in appetite for altcoins of this tier. The distance between analyst expectations and price reality is the sharpest context available. Bl
The post XRP Price Prediction: Dead Cat or Launchpad? $1.08 Is the Line in the Sand appeared on BitcoinEthereumNews.com.
Luisa Crawford
Jul 10, 2026 07:33
XRP is suffocating at $1.11 beneath a wall of downward-sloping moving averages, with momentum exhausted and volume drying up — hold $1.08 or brace for a slide to $1.02, with a 55% probability the p…
XRP’s Technical Reality Check The setup here is about as subtle as a brick wall. XRP is trading at $1.11 — pinned between immediate resistance at $1.12 and support at $1.09 — with every major moving average looming overhead like a ceiling. The 50-day SMA sits at $1.17. The 200-day sits at $1.46. This isn’t a healthy chart experiencing a temporary pullback; this is a coin that has been systematically distributed from significantly higher levels and is now treading water, waiting for someone to make a decision. What makes this particularly telling is the total momentum vacuum the market is operating in. The MACD histogram
The post Bitcoin Surges Past $64K as Tech Stocks and Crypto Markets Rally Together appeared on BitcoinEthereumNews.com.
Key Highlights Bitcoin surged 3.5% to approach $64,000, closing the week with a 4.2% gain Major altcoins including Ether, XRP, Dogecoin, and Solana saw positive Friday sessions The Nasdaq outperformed with a 1.3% increase, while the S&P 500 advanced 0.8% Memory chip manufacturers like Micron and Sandisk dominated S&P 500 gains Dollar depreciation combined with robust AI semiconductor demand fuels coordinated crypto and stock market advances The leading cryptocurrency bounced back toward the $64,000 threshold on Friday, shaking off mid-week declines triggered by escalating geopolitical concerns. This resurgence coincided with substantial rallies across Asian trading floors and continued weakness in the U.S. dollar. Bitcoin (BTC) Price Digital gold experienced a 3.5% upward movement after temporarily sliding to approximately $61,850 in response to President Trump’s stat
The post Spot XRP ETFs Record Largest Outflow Since March appeared on BitcoinEthereumNews.com.
The post Spot XRP ETFs Record Largest Outflow Since March appeared first on Coinpedia Fintech News Spot XRP exchange-traded funds (ETFs) recorded their biggest daily outflow since March, with investors pulling a net $7.29 million on July 8, 2026. The decline came after two consecutive trading days with no net inflows or outflows, signaling weaker investor demand. The latest withdrawals pushed the funds into negative territory for the month, leaving July … Source: https://coinpedia.org/crypto-live-news/spot-xrp-etfs-record-largest-outflow-since-march/
The post Global Messaging Giant SWIFT Denies Integration with XRP Token appeared on BitcoinEthereumNews.com.
Recent speculation concerning a potential alliance between SWIFT, the global leader in financial messaging, and Ripple‘s XRP coin has been dismissed by Tom Zschach, formerly SWIFT’s Chief Innovation Officer. Zschach made a clear statement directly addressing the claims that have been generating buzz among cryptocurrency enthusiasts. Continue Reading:Global Messaging Giant SWIFT Denies Integration with XRP Token Source: https://en.bitcoinhaber.net/global-messaging-giant-swift-denies-integration-with-xrp-token
