A surge in XRP’s open interest suggests continued investor interest in the cryptocurrency, according to analyst Iliya Kalchev. XRP Open Interest Leverage Driven The recent spike in XRP’s open interest suggests the number four digital asset is likely to remain “a focal point in the crypto space for the foreseeable future,” according to Iliya Kalchev, […]
XRP’s $149B Power Play: Tokenization, Defi, and a Regulated Stablecoin
XRP, with a market cap of $ 149 billion, isn’t just a heavyweight in cryptocurrency—its distributed ledger network has been diving headfirst into tokenization and decentralized finance (defi). Meanwhile, Ripple is turning heads with the forthcoming launch of its much-anticipated stablecoin, ripple usd (RLUSD). A Focus on RLUSD and Defi Marks Strategic Shift for …
Bullish Power Surge or Fading Flame? XRP’s $2.60 Resistance in the Spotlight
XRP’s current trading performance reflects a tug-of-war between bullish momentum and short-term corrections, with its price resting at $ 2.56. XRP On the 1-hour chart, XRP experienced an intraday price swing between $ 2.46 and $ 2.621, driven by strong buying and selling activity as evidenced by a volume spike near the …
All Eyes on $2.75: XRP’s Chart Patterns Suggest Major Move on the Horizon
The cryptocurrency XRP has been on an upward trajectory, recently trading at $ 2.60 after a 7.3% gain in the past 24 hours. XRP On the 1-hour chart, XRP has been consolidating tightly between $ 2.55 and $ 2.65, reflecting reduced volatility. The relative strength index (RSI) is at 75.74, signaling overbought …
XRP’s Wild Ride: 354% Gains in 3 Months Despite Recent Dip
On Tuesday, Dec. 3, XRP, the native crypto asset of the XRP Ledger (XRPL), is priced at $ 2.54 per coin, reflecting a 4.9% drop over the past day. Despite this dip, XRP has shown an impressive performance, gaining 81% this week and soaring 354.62% over the past three months. XRP’s Return to Crypto’s …