By Afe Funbi Key highlights: XRP is under pressure, with its resistance level declining and support sitting at $1.34. On-chain data shows a rise in profit-taking while the growth in new addresses is still low. XRP is stuck between exhaustion and breakdown, with traders watching for a decisive trigger. XRP didn’t exactly shine during the […]
Tag: XRP
By Chayanika Deka Investment products tied to digital assets recorded $1 billion in net inflows last week, reversing a five-week run of $4 billion in outflows. CoinShares said that no single macro event explains the change. Instead, previous price softness, technical breakdowns, and renewed buying activity among major Bitcoin holders appear to have supported the […]
By Wayne Jones Escalating military conflict between the United States, Israel, and Iran over the weekend sent more than 472 million XRP, worth roughly $652 million, to Binance, marking the largest exchange inflow period of February. The sudden movement of tokens onto the trading platform suggests investors are positioning for potential selling, creating conditions that […]