XRPL lending is coming: what on-chain credit means for XRP

XRP has entered a crucial support region after suffering an aggressive selloff over the past two weeks. While buyers have managed to prevent a deeper breakdown for now, the asset remains trapped within a broader downtrend, leaving the current rebound vulnerable unless key resistance levels are reclaimed. Ripple Price Analysis: The Daily Chart The daily […]

Key takeaways XRP continues to consolidate around the $1.10 mark. The bulls are holding the price above the $1.05 support level. Ripple’s XRP is trading lower on Thursday, staying around $1.10 as the token attempted to reverse a downtrend that has persisted since mid-May.  The downtrend comes as institutional demand for XRP-linked investment products continues […] The post XRP stays around $1.10 as ETF inflows persist appeared first on CoinJournal.

Ripple and Bitso are expanding their partnership, adding more context to RLUSD and the XRPL.

Is there light at the end of the tunnel for XRP?

Bank charters, licenses, and a growing stablecoin, yet XRP is down nearly half this year. The real reasons company wins stopped moving the token.

XRP trades near $1.12 as ETF inflows rise, futures volume jumps, and traders watch $1.10 support before a possible rebound attempt.

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