XRP Price Wobbles at $2.00—Will Bulls Step In to Save The Week?
XRP price started a fresh decline below the $2.250 and $2.20 support levels. The price is now consolidating losses and remains at risk of more losses.
Keep up with what's happening in the crypto world in real-time.
XRP price started a fresh decline below the $2.250 and $2.20 support levels. The price is now consolidating losses and remains at risk of more losses.
Ripple has announced a strategic partnership with BDACS, a prominent digital asset custody firm in South Korea, on Thursday. The collaboration aims to advance institutional-grade custody services and expand the digital asset ecosystem, particularly for XRP and RLUSD, within the country's evolving regulatory landscape.
XRP edges higher amid SEC uncertainty. Could a dropped appeal or an XRP-spot ETF approval drive prices beyond $5?
The SEC dropped its case against Consensys today, no longer claiming that the Metamask wallet violates securities regulations. Consensys' CEO Joseph Lubin extended an olive branch to the Commission.
Ripple's XRP has managed to hold onto its critical $2 support level, but the market's current volatility and weak retail participation have raised concerns. While bullish signals are emerging, XRP's price action faces a crucial test as market sentiment remains cautious.
XRP is correcting by almost 30% in the last 30 days, with its price trading below $3 for nearly a month. The Directional Movement Index (DMI) shows a strong downtrend, with the Average Directional Index (ADX) surging above 35, indicating increased bearish momentum.
Cryptocurrency markets are struggling on Thursday as the market-wide downturn continues. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $83,057.97 -0.2% Ethereum (CRYPTO: ETH) $2,268.27 -1.2% Solana (CRYPTO: SOL) $134.86 +2.7% XRP (CRYPTO: XRP) $2.15 -1.3% Dogecoin (CRYPTO: DOGE) $0.2030 +2.3% Shiba Inu (CRYPTO: SHIB) $0.00001430 +2.3% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 6.6% and daily active addresses falling by 0.7%.
BDACS, South Korea's first regulated custodian for institutional digital assets, unveiled a strategic alliance with blockchain firm Ripple on Feb. 26, 2025, designed to broaden safeguarded custody offerings for XRP, RLUSD, and related cryptocurrencies.
XRP stood firm as crypto markets took a beating on Tuesday. Most coins fell hard, but XRP avoided hitting new lows.
XRP traders seem to be losing confidence, resulting in futures open interest dropping from $7.62 billion to $3.02 billion.
XRP has found itself under significant selling pressure as the broader crypto market faces turbulent conditions. As of February 27, XRP has broken through a critical support zone around $2.25, a move that has heightened fears of further downside movement in the near term.
Litecoin (CRYPTO: LTC) has gained 12% over the past month, significantly outperforming Bitcoin, Ethereum and XRP, all of which are down. Traders are now eyeing further upside, especially with the ETF narrative gaining traction.
The ongoing legal battle between the SEC and Ripple has been a source of growing anxiety for the crypto community, with many eager for an end to the long-standing lawsuit. As rumors swirl around the future of the case, legal expert Fred Rispoli has voiced his opinion that the lawsuit could be resolved more quickly than many expect.
Crypto analyst Egrag Crypto has suggested that the XRP price can still reach as high as $320, providing a bullish outlook for the crypto amid the recent market downtrend. The analyst also hinted at a timeline for when XRP could reach this price target.
XRP is trading at $2.20 with a market capitalization of $127 billion, a 24-hour global trade volume of $5.43 billion, and an intraday price range between $2.16 and $2.27, indicating consolidation near key support levels as the cryptocurrency navigates a broader downtrend across multiple timeframes.
XRP, the native token of Ripple Labs, appears bearish and is poised for a significant price decline due to current market sentiment and bearish price action. As of today, February 27, 2025, XRP has dropped 4.10%, losing a crucial support level at $2.25 and shifting its sentiment toward the bearish side.
Cryptocurrencies traded in red on Thursday as Bitcoin hovered around the $85K mark. While the focus shifts to a ‘selective alt season,' top altcoins Litecoin, Solana, and XRP remained on investor and trader watch lists. Let's check what investors can expect from their price movements in the near future.
Crypto analyst Ali Martinez has published a Glassnode chart that shows a jaw-dropping decline in the amount of active whale addresses on the XRP network over the past three months.
SBI VC Trade, a popular Japanese cryptocurrency exchange that acts as a subsidiary of financial giant SBI Group, has announced the start of applications for its cryptocurrency lending service.
American blockchain payments firm Ripple Labs Inc. has placed its dollar-pegged stablecoin RLUSD in the spotlight with a new minting at the treasury. According to data from the Ripple Stablecoin Tracker on X, 3,100,000 RLUSD were added into circulation.
The Ripple lawsuit has kept everyone on edge, but with the SEC recently dropping cases against big players like Coinbase, Robinhood, and Uniswap, all eyes are now on Ripple.
Retail capital remains absent, with FOMO yet to materialize. Can XRP hold firm?
The Bollinger Bands, a popular technical tool for analyzing financial assets developed by John Bollinger, suggests that the third biggest cryptocurrency right now, XRP, may have hit its bottom.
On Feb. 25, 2025 XRP experienced a tremendous spike in network activity, with 2,054,526 transactions completed. It is unclear what is causing this surge in on-chain activity, but a likely reason is transition of funds.
