By Wayne Jones XRP is trading at $1.37, down nearly 15% over the past week and 33% in the last 30 days, as bearish sentiment continues to weigh on the Ripple token. However, a widely followed analyst says the monthly chart is showing a long-term ascending channel with support at $0.85–$0.95, a zone he believes […]
Tag: XRP
By Patrick Timely XRP is trading near $1.36 after suffering a steep correction of roughly 65% from its recent local highs, as broader crypto weakness and derivatives deleveraging weigh on sentiment. The decline comes at a pivotal time, with Ripple reportedly nearing a $40 billion IPO valuation, adding a new layer of speculation around the […]
By Wayne Jones Even though they were trading at around $68,000 and $1,980, respectively, at the time of writing, Bitcoin and Ethereum bounced yesterday after sharp sell-offs, with BTC reaching $71,000 and ETH climbing to $2,150 following the resumption of spot ETF inflows. The rebound renewed speculation that BTC may have established a local floor, […]