Death Cross Strikes XRP With 18% Plunge Warning Versus Bitcoin
The popular alternative cryptocurrency XRP is seeing an ominous sign in its price action against its main counterpart, Bitcoin (BTC).
Keep up with what's happening in the crypto world in real-time.
The popular alternative cryptocurrency XRP is seeing an ominous sign in its price action against its main counterpart, Bitcoin (BTC).
The market has returned to a corection phase, according to CoinStats.
The crypto market continues its strong downward trend as the fear and greed index slumped following Donald Trump's “Liberation Day” speech. Bitcoin (BTC) crashed by 3.5% in the last 24 hours as it approached the crucial support at $80,000.
On-chain data from XRPSCAN showed that Ripple has unlocked 500 million XRP worth approximately $1.02 billion from an escrow account marked Ripple (27) at 15:04 UTC+8. The firm has also transferred the funds to addresses labelled Ripple (12) and Ripple (13).
Donald Trump's imposed baseline tariffs frightens away investors: has Ripple coin's upside potential really ran out?
XRP (CRYPTO: XRP) is down 13% in a week but retail demand surging and active addresses hitting new highs may signal a reversal in the medium term. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend XRP (CRYPTO: XRP) $2.03 $118.4 billion -3.7% -12.9% Dogecoin (CRYPTO: DOGE) $0.1602 $23.8 billion -6.3% -17.3% Shiba Inu (CRYPTO: SHIB) $0.00001210 $7.1 billion -1.5% -14.9% Trader Notes: Ali Martinez says XRP is setting up for a rebound, pointing to the TD Sequential buy signal as a sign of a potential reversal.
XRP, the native currency of the Ripple network, has achieved a remarkable feat against Bitcoin (BTC), the world's leading digital asset. As highlighted by Glassnode, a prominent on-chain data platform, XRP has gained strong retail investor interest in the current market cycle.
The SEC vs Ripple Labs lawsuit was supposed to mark the turning point for XRP's price movement. But, like with many other things concerning the investing world, not everything is as it seems, as the price jump did not happen.
Ripple's RLUSD rollout strengthens its enterprise payment network amid rising stablecoin competition.
XRP (XRP -4.08%) is up more than 300% since the presidential election in November. However, XRP has recently taken a hit over tariff uncertainty and is now down 40% from its 52-week high of $3.39 in January 2025.
TL;DR RLUSD stablecoin has surged past $10B in cumulative trading volume, boosted by Kraken joining existing major exchanges. Kraken's listing enhances RLUSD's accessibility for deposits and withdrawals, even as some mobile and instant-buy features await liquidity improvements.
The recent consolidation in XRP price has created a bearish setup that could lead to double-digit correction should a key support level fail. This outlook fits with the crypto market pessimism observed over the past few weeks.
XRP holders and bulls have managed to prevent the token's price from dropping below $2, even as President Trump's ‘Liberation Day' tariffs wiped $140 billion from the cryptocurrency market within a matter of hours.
Even if you're only looking to invest $2,500 or so, there are now a couple of new reasons to buy and hold high-quality coins, especially XRP (XRP -4.58%) and Solana (SOL -7.83%).
Ripple has once again unlocked a massive 1 billion XRP, the second time in a month, but this time, things are different! The release came two days later than usual, fueling speculation across the crypto market. Traders are wondering if Ripple is changing its strategy or preparing for something big.
Renowned social media influencer John Squire has recently sent shockwaves across the broader crypto industry by saying, “XRP rise will trigger countless early retirements.” On Thursday, April 03, the influencer shared an X post conveying that Ripple investors could make enough earnings for early retirements, signaling that a bull run awaits.
It seems as if XRP is laying the groundwork for a possible bullish reversal, following weeks of downward pressure. A retracement may be imminent as the asset has leveled off above the crucial $2.00 level and is displaying indications of strength.
This integration further drives RLUSD's adoption and the growing demand for Ripple's enterprise solutions. RLUSD is a USD-denominated stablecoin designed with trust, utility, and compliance at its core.
Amid Trump's reciprocal tariffs, XRP price came crashing down 5%, testing crucial support at $2, while futures liquidation surged to $18.5 million.
Ethereum (ETH) has been projected to challenge XRP's bullish price performance and possibly surpass it to reach new highs. Despite Ethereum's failure to rally significantly in this bull cycle, a crypto analyst has outlined reasons why this second-largest cryptocurrency is set for explosive upside momentum.
The good news is that XRP (XRP -3.78%) is still up 300% since the U.S. election in November. The bad news is that XRP is down more than 40% since it hit a 52-week high of $3.40 in mid-January.
The cryptocurrency market remained relatively calm on Thursday ahead of the U.S. non-farm payrolls report due Friday. Traders continue to weigh macroeconomic uncertainty against growing optimism in crypto adoption.
RLUSD stablecoin reaches $300M market cap with 85% volume growth after Ripple Payments integration and Kraken listing.
On-chain data shows Dogecoin and XRP have recently been seeing the sharpest decreases in Supply in Profit out of the major cryptocurrencies. Dogecoin & XRP Have Seen A Notable Drop In Profitability During Last 30 Days In a new post on X, the on-chain analytics firm Glassnode has discussed about the latest trend in the Supply in Profit for the major assets in the cryptocurrency sector.