The scale of the positioning is easier to see measured in tokens. About 2.77 billion XRP now sits in futures positions, up from closer to 2 billion earlier this summer and nearing the levels last seen when the token was worth several times more. The ledger is getting busier too. Nearly 50,000 addresses were active […]
That makes $70,000 the next area to watch, another round number with the 200-day moving average sitting nearby. Clearing it would put bitcoin above the range where buyers and sellers fought through March and April, a move Kuptsikevich said would shift sentiment meaningfully. Traders are not there yet. The crypto sentiment index sits at 30, […]
XRP is back at the top of South Korean trading screens. The token’s won pair was the most traded market on Upbit over the past 24 hours, with about $110.9 million in volume, ahead of bitcoin’s $88.6 million and ether’s $67 million, CoinGecko data shows. On Bithumb, XRP/KRW recorded about $41 million in volume, ranking […]
XRP finally gave way at $1.40, and the way it broke matters more than the move itself. This wasn’t a slow drift lower. It was a high-volume push that cleared a level buyers had defended for weeks. Once that kind of support goes, it usually doesn’t snap back quickly. It tends to flip, and that’s […]