XRP faces strong bearish momentum but shows signs of recovery as active addresses rise. Could SEC decisions trigger a reversal?
Several XRP metrics show that the token is breaking lower toward $1.50, backed by decreasing open interest and low funding rates.
Additionally, the Relative Strength Index (RSI) has dropped considerably, indicating a loss of bullish momentum. As the RSI ...
Source: TradingView Nearly $25.5 million worth of XRP futures positions have been liquidated over the last 24 hours, with long liquidations amounting to $22.2 million. The SEC’s delay to drop ...
Technical indicators suggest that if XRP fails to reclaim the $2.50 level and closes a four-hour candle below it, the ...
The heightened capitulation of XRP long traders in the last 24 hours has escalated the odds of a long squeeze In the coming days.
Consequently, I think the SEC may simply drop its lawsuit against Ripple in the coming months. If that happens, XRP could soar. Indeed, its price rocketed 69% during the 24-hour period after ...
The move higher was in line with a CoinDesk analysis on Tuesday, as a five-month low in a sentiment index and a large-scale ...
Based on the measured move projection of the ascending triangle, XRP could potentially extend its drop toward $2.08, aligning with the pattern’s breakdown target. With bearish momentum ...
Speaking of the SEC, the agency is embroiled in a legal battle with Ripple (the company behind the XRP ledger). Speculation is rampant that the SEC could drop or pause this lawsuit. It's also ...
Crypto markets fell Monday as traders locked in profits and looked for new catalysts to determine positioning while the U.S. observed President’s Day. Jupiter’s JUP slid 9% to lead losses ...
Crypto markets fell Monday as traders locked in profits and looked for new catalysts to determine positioning while the U.S. observed President’s ...
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