XRP

XRP is a digital asset and cryptocurrency that was created by Ripple Labs Inc., a technology company specializing in the real-time gross settlement system, currency exchange, and remittance network. XRP operates on an open-source and peer-to-peer decentralized platform that allows for a seamless transfer of money in any form, be it USD, Yen, litecoin, or bitcoin. XRP is often used by Ripple's payment ecosystem, RippleNet, and is increasingly adopted by banks and payment networks as settlement infrastructure technology. As a bridge currency, XRP also provides liquidity for instant cross-border transactions.


Markets

XRP Downside Fears Persist Despite ETF Optimism, Options Data Show

XRP's recent price movement suggests a possible re-test of lows around $1.6, despite its strong order book depth.

XRP options skew. (Amberdata/Deribit)

Markets

Cardano’s ADA Leads Majors Slide Amid Bitcoin Profit-Taking; ProShares Amends XRP ETF

A slump in majors came as Chinese stocks in Hong Kong extended their losses to as much as 2.9% after Wednesday’s open despite the Chinese economy growing 5.4% in the first quarter.

(16:9 CROP) Bull and Bear (Rawpixel)

Research Reports

XRP's 'Rising Wedge' Pattern Signals Price Plunge: Technical Analysis

The breakdown suggests the attempted recovery from the April 7 lows has likely ended.

XRP on the verge of slipping into a death cross. (GoranH/Pixabay)

Markets

XRP, SOL and ADA Flash Bullish Patterns as Traders Eye Recovery

XRP, Cardano (ADA), and Solana (SOL) tokens are exhibiting technical strength in a signal of potential short-term price recoveries, data indicates.

Institutions prefer bonds over BTC. (Pixabay)

Markets

XRP Surges 13.7% as Rare Bullish Cross Signals Potential Rally

XRP shows strong momentum with consistent higher lows and breakout volume suggesting further upside potential.

XRP 24-hour chart showing upward trend, price at $2.1467 with slight gain.

Markets

Altcoin Action in Powertrade's Options Market Heats Up Driven by XRP, SOL and DOGE

Market volatility saw traders chase options for hedging and speculative activities.

PowerTrade's altcoin options heat up amid market volatility. (TungArt7/Pixabay)

Policy

Ripple and SEC File Joint Motion to Pause Appeals

The filing signals a possible end to a high-profile dispute that has gripped the payments upstart industry since December 2020 for its sale of XRP tokens.

U.S. Securities and Exchange Commission (Jesse Hamilton/CoinDesk)

Markets

Bitcoin Eyes $87K After Double Bottom Breakout; Dogecoin, XRP Bulls Look to Establish Control

Price charts of major tokens flash bullish signals after a prolonged battering.

fence, breakout (CoinDesk archives)

Markets

First XRP ETF in U.S. Racks up $5M on Debut in Teucrium's 'Most Successful Launch'

The trading volume puts it among the top ETF product introductions, one market analyst said.

Fireworks explode in the night sky. (photogrammer7/Pixabay)

Markets

XRP Could Hit $12.5 Before President Trump's Term Ends: Standard Chartered

XRP is uniquely positioned at the heart of of cross-border payments, the report said.

Standard Chartered. (Shutterstock)