Bloomberg Senior Commodity Strategist, Mike McGlone, has warned of a potential XRP price breakdown below a pivotal support level. This warning comes on the back of the ongoing corrective wave that has dominated the broader crypto market.
Shiba Inu has slipped further as traders continue to watch a key trend indicator, with volatility easing and funding rates slightly positive. Shiba Inu (SHIB) has changed hands slightly lower over the past 24 hours, down about 0.8% to around $0.000007695.
Changpeng Zhao, co-founder of Binance, predicts Bitcoin could be on the verge of breaking free from the four-year market cycle that has historically defined its price movements. Zhao shared this view during an appearance on CNBC’s Squawk Box.
While Ripple and its executives have sold over 58 billion worth of XRP since 2012, the XRP price has surged more than 31,000% within the same period. Notably, many believe this reality invalidates the consistent narrative that Ripple's XRP sales have contributed to XRP's underperformance during periods of stifled price growth.
Ethereum extended its pullback as sellers held control, with key support and resistance zones in focus. Notably, Ethereum (ETH) has traded lower over the past 24 hours, falling about 2.9% to roughly $2,858.
The XRP open interest (OI) has now collapsed to a 14-month low, hitting levels XRP last witnessed when it traded below $1. This comes as the XRP price continues to slide to new lows, having recently collapsed to a new yearly floor of $1.8 amid a broader market collapse that has seen Bitcoin (BTC) drop to $86,000.
After six months of witnessing lower highs and lower lows amid a market downtrend, XRP has finally broken the bearish structure with a new higher high. XRP is gradually pushing toward new territories after months of a sustained downtrend.
UBS is moving closer to offering cryptocurrency trading to some of its banking clients, marking a significant step in the bank’s gradual entry into digital assets. The initiative reflects growing demand from wealthy investors and mirrors a broader shift across global finance as traditional institutions seek regulated exposure to cryptocurrencies.
Cardano founder Charles Hoskinson warned that the United States faces a significant risk of recession if several global forces converge. In a recent commentary, he said a potential AI bubble burst, combined with long-time U.S.
Market data shows that nearly 50% of all XRP wallets currently hold less than 100 XRP, confirming room for further adoption. According to the XRP wallet distribution metric, exactly 45% of wallets hold between 1 and 100 XRP worth $1.90 to $190.
While XRP has continued to face bearish pressure amid a broader market weakness, chart data suggests higher targets may be on the horizon. XRP continues to trade under pressure as weakness across the wider crypto market weighs on price action.
Bitcoin is testing key Bollinger Band resistance, with traders awaiting a breakout for bullish momentum or a potential retracement. Bitcoin (BTC) has experienced some fluctuations in recent hours, with the price hovering just below the $90,000 mark.
The gold chart against XRP appears ready to cook, as gold eyes slip into expansion after completing distribution, capitulation, and now, accumulation. XRP has witnessed bearish pressure since it collapsed from the July 2025 peak of $3.6, and these struggles have been reflected in its monthly gold chart.
Dogecoin shows intraday volatility with fluctuations between support and resistance levels, as traders monitor key indicators for a breakout. The Dogecoin (DOGE) market has recently displayed a series of fluctuations, with the meme coin trading at around $0.1255 after a 0.9% decline in the past 24 hours.
The recent XRP price action has tested investor patience, but market data shows XRP could start a new uptrend by taking one "simple" step. This step involves a breakout above a multi-month descending trendline resistance that has limited XRP's upward potential since July 2025.
Four chart overlays originating from XRP price movements in past cycles indicate that the price often rallies from levels such as the current one. While XRP has been at the mercy of the bears, market data suggests a recovery effort may not be far off.
Ethereum shows potential for reversal with mixed momentum indicators and tokenization dominance signaling strength. Ethereum (ETH) has seen a modest 1.1% increase in the past day, currently trading around $3,011.90.
The ongoing Bitcoin pullbacks may be less about crypto-specific weakness and more about rising global economic risk. This view was shared in new research from Japan-based XWIN Research.
Ripple's expansion through acquisitions and regulatory progress has changed how most XRP community members see the company. Instead of seeing Ripple as only a blockchain payments firm, several commentators now call it an emerging competitor to traditional banks, especially in treasury services, cross-border payments, and custody.
XRP has continued to trade within a wedge pattern over the past year, and a possible breakout could emerge when the Bitcoin dominance collapses. The broader crypto market has faced bearish pressure since Q4 2025, losing over $880 billion within this period.
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