Crypto Market Dips—But XRP Still Holding Its Ground?
- XRP dropped 10% during a broader crypto sell-off, with $89 million in liquidations—but analysts say it’s a normal correction.
- Technical setups like the Cup & Handle suggest a move above $7 is still possible, with long-term targets of $10–$30 being floated.
- Corporate adoption continues, with companies like Nature’s Miracle and VERT backing XRP despite market volatility.
The crypto markets took a hit today. Global cap slid about 6%, now sitting around $3.92 trillion. Bitcoin, surprisingly steady, is holding just above $118K, down less than 1%. But altcoins? Not so lucky. Ethereum’s down 6%, XRP dropped a hefty 10%, and coins like Solana, Doge, and Cardano all slipped between 7–10% over the past 24 hours. It’s one of those choppy days, you know?
XRP Liquidations Cross $89 Million—But Bulls Aren’t Panicking
So, yeah, traders felt the heat. Ether saw the biggest liquidation—$159 million gone in 24 hours. XRP followed with $89M in liquidations as the market flushed out leverage. Still, according to some analysts, this isn’t doom—it’s just a healthy breather.
XRPunkie, a well-known voice in the XRP crowd, pointed out that XRP had pumped 92% in just 20 days. It went from $1.95 to $3.66 like a rocket. So, a 10% drop? Honestly, kinda expected. He’s sticking to a bullish outlook and still sees $10–$15 as the next big targets. Even says $8 is the floor now, and $20 or even $30? Yeah, he’s not ruling that out either.
Could XRP Break Past $3.84?
Technically, XRP’s close to a major milestone. Its old high from 2018 sits at $3.84. With Bitcoin dominance slipping and altcoin inflows picking up, it might not be far off.
CrediBULL Crypto spotted a triple tap setup and says XRP is just cooling off after a run. Could be prepping for another leg up. Meanwhile, CryptoBull’s watching a Cup & Handle form on the charts—a pretty bullish pattern, if it holds. The target? Possibly $7 or more, based on the technicals.
Real-World Adoption Strengthens XRP’s Case
Beyond price charts and liquidations, XRP is quietly growing in the background. Nature’s Miracle just added $20 million worth of XRP to its treasury. That’s not a small bet—it’s a show of confidence, especially buying during a dip.
Also, over in Brazil, a company named VERT just launched a $130M blockchain project on the XRP Ledger. These kinds of corporate moves aren’t flashy, but they speak volumes. XRP’s not just another hype coin—it’s becoming part of real financial infrastructure.
The post Crypto Market Dips—But XRP Still Holding Its Ground? first appeared on BlockNews.
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Crypto Market Dips—But XRP Still Holding Its Ground?
- XRP dropped 10% during a broader crypto sell-off, with $89 million in liquidations—but analysts say it’s a normal correction.
- Technical setups like the Cup & Handle suggest a move above $7 is still possible, with long-term targets of $10–$30 being floated.
- Corporate adoption continues, with companies like Nature’s Miracle and VERT backing XRP despite market volatility.
The crypto markets took a hit today. Global cap slid about 6%, now sitting around $3.92 trillion. Bitcoin, surprisingly steady, is holding just above $118K, down less than 1%. But altcoins? Not so lucky. Ethereum’s down 6%, XRP dropped a hefty 10%, and coins like Solana, Doge, and Cardano all slipped between 7–10% over the past 24 hours. It’s one of those choppy days, you know?
XRP Liquidations Cross $89 Million—But Bulls Aren’t Panicking
So, yeah, traders felt the heat. Ether saw the biggest liquidation—$159 million gone in 24 hours. XRP followed with $89M in liquidations as the market flushed out leverage. Still, according to some analysts, this isn’t doom—it’s just a healthy breather.
XRPunkie, a well-known voice in the XRP crowd, pointed out that XRP had pumped 92% in just 20 days. It went from $1.95 to $3.66 like a rocket. So, a 10% drop? Honestly, kinda expected. He’s sticking to a bullish outlook and still sees $10–$15 as the next big targets. Even says $8 is the floor now, and $20 or even $30? Yeah, he’s not ruling that out either.
Could XRP Break Past $3.84?
Technically, XRP’s close to a major milestone. Its old high from 2018 sits at $3.84. With Bitcoin dominance slipping and altcoin inflows picking up, it might not be far off.
CrediBULL Crypto spotted a triple tap setup and says XRP is just cooling off after a run. Could be prepping for another leg up. Meanwhile, CryptoBull’s watching a Cup & Handle form on the charts—a pretty bullish pattern, if it holds. The target? Possibly $7 or more, based on the technicals.
Real-World Adoption Strengthens XRP’s Case
Beyond price charts and liquidations, XRP is quietly growing in the background. Nature’s Miracle just added $20 million worth of XRP to its treasury. That’s not a small bet—it’s a show of confidence, especially buying during a dip.
Also, over in Brazil, a company named VERT just launched a $130M blockchain project on the XRP Ledger. These kinds of corporate moves aren’t flashy, but they speak volumes. XRP’s not just another hype coin—it’s becoming part of real financial infrastructure.
The post Crypto Market Dips—But XRP Still Holding Its Ground? first appeared on BlockNews.
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