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Ripple News
Cryptopotato
2w
229
Image Credit: Cryptopotato
Bad News for Ripple as XRP Lags Behind BTC, ETH in This Key Metric
- A key metric has shown a significant difference in new wallet creation among the top 4 cryptocurrencies by market cap, with XRP lagging behind BTC and ETH.
- On average over the past month, Bitcoin had 309,000 new wallets created daily, Ethereum had 112,000, XRP had 3,500, and Tether had 36,400.
- Ripple's decreased user engagement with only 3,500 new wallets created daily suggests a lack of retail investor interest compared to its past performance in December 2024.
- Despite XRP's recent price drop and challenge at the $2.7 mark, analysts are optimistic about its future as long as it maintains support above $2.38.
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Ambcrypto
2w
260
Image Credit: Ambcrypto
XRP Elliott Wave hints at correction – Why $2.34 support matters next
- XRP Elliott Wave analysis indicates a wave 2 correction, focusing on $2.33 as a crucial level to monitor.
- Recent price retracement saw XRP decline to $2.49 after reaching a high of $2.65, currently trading at $2.50.
- Analyst Man of Bitcoin suggests a potential local top for XRP as per Elliott Wave structure, with $2.33 being a key support level for further downside.
- XRP's price rally lacks strong demand support, with indicators like Price-DAA Divergence and NVT Ratio signaling potential price correction in the absence of genuine demand.
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Zycrypto
2w
286
Image Credit: Zycrypto
Binance Data Highlights Silent Massive XRP Accumulation, Signaling a Mega Price Eruption
- Data from Binance suggests XRP sellers increasing selling pressure, met by buyers silently accumulating XRP, potentially signaling a bullish breakout.
- Open interest for XRP on Binance futures hit an all-time high of $1.5 billion before dropping to $530 million, clearing leveraged positions and sparking renewed trader interest.
- Market analysts see a potential short squeeze as funding rates turn negative during corrections, with current neutral rates indicating an upward push for XRP and a mild squeeze in progress.
- Taker Buy/Sell Ratio on Binance at 0.91 indicates strong market selling, potentially leading to absorption of sellers and hinting at a bullish trend. With XRP trading above $2 at $2.58, signs of market speculation and stability are evident.
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Cryptonews
2w
199
Analyst Says Bitcoin Ready to Break Out as Korean Traders Rush to XRP
- Bitcoin has experienced a 5.85% increase over the past week, reaching US$103,603, remaining relatively stable after its initial surge.
- Most cryptocurrencies followed Bitcoin's growth pattern followed by stagnation, with Ethereum and Solana seeing modest declines.
- XRP has garnered increased interest from South Korean traders, surpassing Bitcoin and Ethereum in trading volumes on the country's largest exchange, hitting US$1.2 billion daily.
- Analyst Dom Harz of BOB emphasizes that Bitcoin's significance now extends beyond price to institutional adoption and utility, as its market cap surpasses silver and Google, with DeFi TVL doubling and institutions accumulating Bitcoin.
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Cryptoticker
2w
17
Image Credit: Cryptoticker
Ripple and Trump Take the Middle East by Storm: Blockchain Innovation Meets High-Level Diplomacy
- Ripple is expanding its influence in the Middle East, with a significant presence at the Dubai Fintech Summit and partnerships in the region.
- President Trump's recent Middle East tour included strategic meetings and agreements, such as a $142 billion defense deal with Saudi Arabia and a $1.2 trillion commercial deal with Qatar.
- Accompanying Trump were top U.S. business leaders like Elon Musk, focusing on strengthening economic partnerships with the Middle East in various sectors.
- The tour has raised ethical concerns regarding potential conflicts of interest and ongoing regional tensions, despite efforts to enhance economic and diplomatic ties.
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Bitcoinist
2w
191
Image Credit: Bitcoinist
Analyst Says XRP Must Hold This Level For Bullish Continuation To $4.2
- XRP must hold above $2.50 to reach $4.2, according to crypto analyst Egrag Crypto.
- Analyst emphasizes the importance of maintaining support levels at $2.50 or $2.42 for bullish momentum.
- Crypto analyst Dark Defender predicts the 3rd wave for XRP, targeting a price of $5.
- XRP price currently trading at around $2.58, up over 3% in the last 24 hours.
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Ambcrypto
2w
425
Image Credit: Ambcrypto
XRP surges 21%, but THESE clusters hints at a short-term dip to…
- XRP has surged 21% in the past week and 3.43% in the past 24 hours, signaling a potential rally.
- Ripple's Taker Buy/Sell Ratio indicates more sellers than buyers, but it hasn't impacted the price movement significantly.
- Binance traders are actively driving XRP's price up, with Open Interest on Binance rising to $1.5 billion.
- While retail spot traders are bullish, liquidity clusters suggest a possible dip to $2.50 region before an expected rebound.
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TronWeekly
2w
43
Image Credit: TronWeekly
XRP Surges Above $2.53: Can It Reach $3.01 Soon?
- XRP surged past $2.53, with analysts eyeing $3.01, showing strong bullish momentum.
- Technical analysis suggests that Ripple may hit $4.40 with increasing purchasing tension.
- XRP market capitalization is at $149.36 billion, with a 24-hour 49.55% surge in trading volume.
- XRP's price breach of $2.53 resistance marks a bullish breakout, with $3.01 as the next target, potentially rising to $4.40 as per Fibonacci extensions.
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Ambcrypto
2w
360
Image Credit: Ambcrypto
XRP Open Interest jumps 42% – Is this the start of a sustained rally?
- XRP Open Interest surged 41%, indicating strong speculative confidence in Ripple's breakout and potential trend reversal.
- Bulls may be quietly building for a sustained rally as neutral Funding Rates and absorbed sell pressure suggest balanced sentiment and potential upside.
- Futures Open Interest on XRP increased sharply by over $1 billion, rising by 41.6% in the last week, reflecting renewed directional conviction.
- XRP broke out of a descending channel and holds above $2.38, with Fibonacci projections pointing to $2.82, $3.01, and $3.38 as next targets if bulls maintain control.
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Zycrypto
2w
17
Image Credit: Zycrypto
Ripple’s XRP Edges Closer to Making History in Its 12-Year Journey with 6.5 Million Holders
- XRP is close to reaching the milestone of 6.5 million holders, showing growing confidence and adoption in its 12-year journey.
- The number of XRP holders has increased by 11% in 2025 according to crypto analytics firm Santiment.
- XRP's market capitalization of $152.5 billion has surpassed Tether (USDT), making it the third-largest cryptocurrency.
- XRP's open interest has increased by 5.12% to reach $5.65 billion, indicating heightened market liquidity and activity.
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Cryptopotato
2w
143
Image Credit: Cryptopotato
Ripple Post-Consolidation Surge: What Are XRP’s Next Price Targets? (Analysis)
- Ripple's XRP has surged after a period of consolidation against USDT and BTC, showing bullish strength.
- XRP/USDT broke above key resistance zones, with $2.50 now acting as short-term support.
- Next upside targets for XRP/USDT are near $2.90 and $3.30 if the breakout above $2.50 holds.
- On the XRP/BTC pair, XRP broke out of a descending wedge pattern and is challenging the 2,550 SAT resistance area.
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Crypto-News-Flash
2w
26
Image Credit: Crypto-News-Flash
CME Group to Launch CFTC-Regulated XRP Futures on May 19
- CME Group announced the launch of XRP futures on May 19, expanding its suite of cryptocurrency derivatives which already includes Bitcoin and Ethereum futures.
- The XRP futures are expected to attract more institutional participants, potentially leading to increased trading volumes and improved price stability in the XRP market.
- The futures will be offered in two sizes: a micro contract representing 2,500 XRP and a larger contract representing 50,000 XRP, settling based on the CME CF XRP-Dollar Reference Rate.
- The XRP futures launch is subject to CFTC approval and is seen as a significant development that could pave the way for a potential XRP Exchange-Traded Fund approval by the SEC.
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TronWeekly
2w
230
Image Credit: TronWeekly
Binance Data Signals XRP Breakout as Sellers Face Absorption
- XRP has surged 21% in the past week, now trading at $2.58 with sustained upward pressure.
- Open interest has rebounded from $530 million after a significant drop, showing restored trader confidence.
- Analysts are eyeing $3.01 and $4.40 price targets, with $2.53 currently acting as strong support for the bulls.
- Data signals indicate aggressive selling in XRP market being met with strong absorption, potentially signaling early accumulation and a breakout.
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Bitcoinist
2w
421
Image Credit: Bitcoinist
XRP: Exit Liquidity Pattern Forming Signals Crash To $1
- XRP price is showing short-term strength despite market retracement, but a potential major crash is looming, as per a crypto analyst's prediction.
- The formation of an exit liquidity pattern in XRP, historically indicating market tops, is concerning analysts.
- Analyst Oky_Bren on TradingView notes similarities with previous exit liquidity phases, suggesting a price spike followed by a crash for XRP.
- The analyst foresees a potential crash to $1 or below for XRP if the exit liquidity pattern plays out, with a top expected around $2.9 before a decline.
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Coinjournal
2w
213
Image Credit: Coinjournal
XRP wallet growth hits 6.5 million, price eyes $6 breakout
- XRP has seen a resurgence, reclaiming its position as a top three cryptocurrency by market cap, rallying 25% in a week to $2.57, fueled by technical momentum and increasing interest from investors.
- 638,000 new wallets added in early 2025, bringing total active XRP wallets to nearly 6.5 million, the highest in the network's history, indicating a return of confidence and utility value.
- WisdomTree report supports XRP as an altcoin suitable for crypto portfolios, being the only altcoin aligned well with Bitcoin, attracting institutional interest and driving investor confidence.
- Bullish momentum in Binance futures open interest, liquidation patterns, and technical analysis suggest a potential breakout for XRP with targets ranging from $3.40 to $6.00, currently trading at $2.63.
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