Ripple (XRP) on-chain activity shows an increase in activity among XRP traders.
Ripple active addresses climbed over 30% on Tuesday, per Santiment data. XRP traders await the end of the SEC’s lawsuit against Ripple , expected by July 31. Ripple investors realized over $144 million in losses in July. XRP hovers around $0.43 on Tuesday, adding nearly 1% value to the altcoin. Ripple on-chain activity shows an increase in activity among XRP traders. The number of active traders increased on Tuesday, meaning XRP is gaining relevance among market participants.
Since then, the RSI indicator has climbed to 37.89, signaling strength in Ripple’s uptrend. XRP could climb to the upper boundary of the Fair Value Gap at $0.4611, as seen in the chart below. The altcoin faces resistance at the psychologically important $0.50 level. XRP/USDT daily chart A daily candlestick close below support at $0.4032 could invalidate the bullish thesis and send XRP to retest the July 5 low of $0.3823.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
30-30-30 Rule Explained: Risks, Benefits, and How to Do ItThe 30-30-30 rule is going viral on TikTok for weight loss. Here's what nutritionists think about 30-30-30 benefits and risks.
Read more »
Ripple's upcoming stablecoin will 'compliment' XRP, says Ripple President Monica LongMonica Long shares the strategy behind Ripple's upcoming stablecoin launch.
Read more »
Ripple advances 1 billion XRP commitment through XRPL Japan-Korea Fund, ranges below $0.50Ripple (XRP) announced the launch of the XRP Ledger Japan-Korea Fund.
Read more »
Astros fans complete epic journey to all 30 MLB parks in 30 days30 parks in 30 days: Karmen Barefield and Todd Nicholson wore Astros jerseys to each and every game, collecting memories along the way.
Read more »
The 30 Most Stylish People of the Last 30 YearsFrom their viral red carpet looks to their trendsetting street style, these are the people defining the last three decades of fashion.
Read more »
Ripple President breaks silence on upcoming RLUSD stablecoin’s impact on XRPRipple (XRP) President Monica Long recently appeared on The Block Podcasts and addressed XRP trader concerns about the stablecoin’s launch.
Read more »