Finance

XRP's recent backtest of its Ichimoku Cloud breakout on the 2-week timeframe signals renewed bullish momentum, potentially attracting institutional interest. According to analyst Cantonese Cat, this successful defense of the cloud top could mean XRP has established a stronger technical foundation, supporting further upside potential.

XRP eyes a breakout above $2.26 resistance, and while some analysts predict a potential pullback, strong fundamentals and increasing institutional interest could fuel a sustained rally. Will XRP defy the bears and surge higher?

Upbit and Binance are in a heated battle for the top spot in XRP trading volume, with recent spikes suggesting renewed interest and a potential recovery for XRP. This surge could signal short-term opportunities for institutional and high net worth investors.

Despite a recent dip, XRP shows signs of stabilization with strong institutional backing, hinting at a possible price surge. Could increased trading volume and positive regulatory news propel XRP past resistance?

Ripple's RLUSD is now integrated into LMAX Group's institutional trading platforms, backed by a $150 million investment, signaling a bullish move towards institutional adoption and enhanced liquidity—read more to see what this means for the future of crypto. This collaboration not only boosts the credibility of RLUSD but also bridges traditional finance with the burgeoning crypto landscape, offering a regulated avenue for institutions to engage with digital assets.

Ripple's expansion into Europe is gaining momentum after securing preliminary approval for an EMI license in Luxembourg, potentially opening doors to compete with traditional finance across the EU. Plus, upgrades to the XRP Ledger are underway to meet institutional compliance standards, possibly boosting XRP demand.

XRP could be gearing up for a major rally, with analysts predicting a surge towards $2.80 based on key technical breakouts and on-chain data. Bullish signals are flashing as XRP breaks out of a falling wedge and forms a bull flag, indicating strong buyer confidence.

XRP ETFs are heating up with a five-day inflow streak, signaling growing institutional interest and a potential supply squeeze that could send prices soaring. Is this the calm before the XRP storm?