XRP Rebounds 32% From $1 as ETF Money Pours in and Whales Reposition

XRP loses $1.50 after explosive rally: why are traders taking profits now?

XRP slipped below $1.50 on Wednesday as traders took profits after a rapid cryptocurrency rally. The token traded around $1.44-$1.48 after surging from roughly $1 to as high as $1.70 in less than a week, a gain of about 70% at the peak. The reversal raised questions over whether the rally moved too quickly or exposed weaker spot demand. $1.70 brought sellers back after a furious rally XRP’s advance carried it into the $1.50-$1.70 region, an area…

XRP rebounds 32% from $1 as ETF money pours in and whales reposition

XRP is on course for its strongest monthly gain in more than a year after recovering from below $1, even as a fresh pullback and heavy whale activity test the durability of the rally. CryptoSlate's data shows the token trading near $1.40 as of press time, down about 5% over the past 24 hours, after climbing as high as $1.70 during last week's broader crypto market surge. This price performance contrasts with the fact that XRP is on track for a r…

XRP Price Prediction: Are More Long Liquidations Coming for XRP?

XRP price prediction stays fragile below $1.45, needs a reclaim of that zone to undo last week’s rejection from $1.70 This week’s ETF inflows hit $37.69M in just two trading days, already nearly matching last week’s full $39.78M total Longs took $16.23M of Wednesday’s $17.50M in liquidations, the exact opposite of the squeeze that drove XRP to $1.70 a week ago XRP is down 7% this week after opening near $1.52. That pullback comes on the heels of…

Ripple Price Analysis: Has XRP Run Out of Steam After the $1.70 Rejection?

XRP has staged a sharp recovery from the $1.00 area, breaking above its long-standing descending structures on both the USD and BTC charts. However, the rally has now reached major resistance, making the current levels critical for the next directional move. Ripple Price Analysis: The USDT Pair The asset broke above its broad descending channel after finding support around $1.00. It has since reclaimed the 100-day and 200-day moving averages, lo…