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XRP Price Prediction: Can Permissioned DEX Catalyst Reverse Downtrend?


by Parshwa Turakhiya
for CoinEdition
XRP Price Prediction: Can Permissioned DEX Catalyst Reverse Downtrend?

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AI Overview

XRP price is currently at $1.4236, reflecting a 0.18% increase over 24 hours, with open interest down 4.21% to $2.37B. The XRPL has activated the XLS-81 Permissioned DEX amendment, allowing regulated institutions to trade in restricted venues. XRP is trading below key EMAs with significant resistance at $1.5116.

Bearish
  • XRP consolidates near $1.4236 as open interest drops 4.21% to $2.37B and volume falls 7.34% to $3.73B.
  • XRPL activates XLS-81 Permissioned DEX amendment, creating members-only trading venues for regulated institutions.
  • Price trades below all major EMAs and Bull Market Support Band at $2.1067, with $1.5116 as first resistance zone.

XRP price today trades near $1.4236, up 0.18% in the past 24 hours as the token consolidates after recovering from the $1.15 February low. The move comes as the XRP Ledger activated the XLS-81 “Permissioned DEX” amendment, enabling gated onchain trading venues where only approved participants can place and accept offers.

XRPL Activates Permissioned DEX For Regulated Institutions

The XRP Ledger has activated the Permissioned DEX amendment, a technical upgrade designed to let regulated institutions trade on XRPL without opening markets to…

Read The Full Article XRP Price Prediction: Can Permissioned DEX Catalyst Reverse Downtrend? On Coin Edition.

Read the article at CoinEdition

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Coins

$ 1.40

-4.62%

$ 0.00502

-0.65%

Funds

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Coins

$ 1.40

-4.62%

$ 0.00502

-0.65%

Funds

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XRP Price Prediction: Can Permissioned DEX Catalyst Reverse Downtrend?


by Parshwa Turakhiya
for CoinEdition
XRP Price Prediction: Can Permissioned DEX Catalyst Reverse Downtrend?

Share:

AI Overview

XRP price is currently at $1.4236, reflecting a 0.18% increase over 24 hours, with open interest down 4.21% to $2.37B. The XRPL has activated the XLS-81 Permissioned DEX amendment, allowing regulated institutions to trade in restricted venues. XRP is trading below key EMAs with significant resistance at $1.5116.

Bearish
  • XRP consolidates near $1.4236 as open interest drops 4.21% to $2.37B and volume falls 7.34% to $3.73B.
  • XRPL activates XLS-81 Permissioned DEX amendment, creating members-only trading venues for regulated institutions.
  • Price trades below all major EMAs and Bull Market Support Band at $2.1067, with $1.5116 as first resistance zone.

XRP price today trades near $1.4236, up 0.18% in the past 24 hours as the token consolidates after recovering from the $1.15 February low. The move comes as the XRP Ledger activated the XLS-81 “Permissioned DEX” amendment, enabling gated onchain trading venues where only approved participants can place and accept offers.

XRPL Activates Permissioned DEX For Regulated Institutions

The XRP Ledger has activated the Permissioned DEX amendment, a technical upgrade designed to let regulated institutions trade on XRPL without opening markets to…

Read The Full Article XRP Price Prediction: Can Permissioned DEX Catalyst Reverse Downtrend? On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 1.40

-4.62%

$ 0.00502

-0.65%

Funds

Share:

In This News

Coins

$ 1.40

-4.62%

$ 0.00502

-0.65%

Funds

Share:

Read More

Bitcoin Price Prediction: Range Tightens—Will $60K or $74K Break First?

Bitcoin Price Prediction: Range Tightens—Will $60K or $74K Break First?

Bitcoin continues to struggle on the four-hour chart as sellers maintain control belo...
Ethereum Price Prediction: Ethereum Range Tightens as BitMine Adds 20K ETH

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Ethereum continues to struggle below key resistance on the 4-hour chart as price comp...