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Why XRP Price Risks Further Decline Despite Recovery Signs
Recent XRP price action shows a market that looks steady on the surface but still carries underlying pressure. XRP currently trades around $1.43, up about +0.70% over the past 24 hours and roughly +2.33% across 30 days, yet it remains down about 3.97% over the past week.
That mixed
CaptainAltcoin12m ago
Ripple Joins Singapore Monetary Authority's BLOOM Project, Tests RLUSD Cross-Border Trade Settlement Solution
Ripple announced on March 25 that it has joined the BLOOM project, led by the Monetary Authority of Singapore, to explore programmable cross-border trade settlement solutions based on the RLUSD stablecoin and XRP Ledger. In collaboration with Unloq, Ripple is piloting automated trade finance and payment mechanisms aimed at enhancing transaction transparency and improving access to financing for small and medium-sized enterprises.
GateNews3h ago
XRP ETF Accumulated Net Outflows of ~30.12 Million USD in March, 16% Price Pullback Risk Emerging
XRP is currently trading near $1.42, down 8% recently. Technical charts show the formation of a head and shoulders pattern. If the neckline breaks, it could decline to $1.15. ETF outflows and on-chain data indicate weakening market confidence, suggesting further selling pressure. Key support is at $1.37; a break below could trigger panic selling. To reverse the bearish trend, a close above $1.46 is needed. Investors should monitor support levels and capital flows.
GateNews4h ago
