XRP's social commentary tumbles to a new low, planting a seed of panic ahead of favorable entry points.
Ripple has returned 700 million XRP, worth more than $1.05 billion, to escrow following the company's latest monthly release of 1 billion XRP on October 1.
Ripple sent 35 million XRP, worth about $52.4 million, to an unlabeled wallet early Friday, and within three hours that wallet had passed 6.5 million XRP down the line. A Look at the Transfer The alert came from onchain sleuth Whale Alert during the early hours of Oct.
XRP forecasts face scrutiny as ScamDaddy disputes a 300% daily gain and $1,000 price, while historical data shows smaller moves.
XRP has started off October on a strong note as its ETFs have recorded a decent influx of fresh capital on October 1, after their performances fell flat at the close of the last month.
XRP's back on a familiar framework, with bulls keeping an eye on both the near-term trigger & the long-range bid.
XRP is entering October with four major events that could shape its next move. XRP Seoul, the Evernorth acquisition, the XRPN Nasdaq launch, and an XRPL upgrade are all coming within days. With XRP near $1.58 and up 16.2% this week, traders are watching whether these events can help drive a move toward $2.90. Oct.
Ether's bullish-to-bearish comment ratio fell to 0.89, while XRP's dropped to 0.67. Whale buying and exchange outflows offered separate market signals.
Armada Acquisition Corp. II shareholders approved the merger on Wednesday, putting the company led by former Ripple executive Asheesh Birla on track to start trading as XRPN on Oct. 8.
President Donald Trump will once again meet with top investors in his namesake meme coin on November 22. While not directly tied to other cryptocurrencies, artificial intelligence (AI) thinks the event could prove a tailwind for other digital assets, potentially pushing XRP price higher too.
Well-known crypto analyst DonAlt has announced that he is adopting a HODL strategy for Ethereum (ETH). In his view, the current weekly chart structure gives the asset a clear path higher.
XRP is trading around $1.50, but the price still cannot reclaim the late-August peak near $1.70. US spot XRP ETFs attracted about $307.9 million in Q3, while cumulative inflows climbed close to $1.8 billion. XRP itself gained more than 45% across Q3. The problem is not an absence of buyers. Fresh demand is being met by enough existing supply to stop the token from repricing higher. The next test is whether buyers can overwhelm sellers between roughly $1.54 and $1.70. ETF demand is real but it is not controlling price US spot XRP ETFs absorbed $307.9 million in Q3, including roughly $121.4 million in September, according to SoSoValue data.