XRP risks drop below $1, but onchain data highlights silver lining
XRP’s chance of a daily close below $1 are rising, but whale accumulation and shrinking exchange supply may be a sign that traders are buying.
Bitcoinist·
XRP has pushed into an oversold technical setup that some traders are comparing with prior cycle-bottom conditions.
Read full articleXRP’s chance of a daily close below $1 are rising, but whale accumulation and shrinking exchange supply may be a sign that traders are buying.
XRP trades near $1.08 as Binance’s perp-spot volume imbalance Z-Score holds near neutral at 0.17, signaling no extreme speculative pressure in derivatives markets. The number is 0.17. Not dramatic. Not extreme. The 30-day Z-Score on Binance’s XRP perp-spot volume imbalance tracker, per CryptoQuant data, sits near neutral as of the latest reading, which tells one […] The post XRP Derivatives Still Rule Binance, But the Z-Score Says Calm For Now appeared first on Live Bitcoin News.
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XRP has dropped through the $1.07 support area as traders brace for another leg lower amid mounting bearish pressure. According to data from crypto.news, XRP (XRP) price has fallen about 8% over the past week, extending losses after breaking below…
This is the moment investors have been waiting for, said one of the analysts.
MemeCore M falls over 75% as traders question its $6B valuation, low volume, insider supply claims, and major exchange listings. MemeCore’s token, M, fell more than 75% in 24 hours, according to OKX data. It traded near $0.67436 after the sharp sell-off. The drop followed questions about MemeCore’s reported $6 billion valuation and low trading […] The post MemeCore Crash Sparks Questions Over Major Exchange Listings appeared first on Live Bitcoin News.