XRP Nears $1.10 Support Level as Ripple Deploys RLUSD for Water.org Clean Water Campaign
By
Shiraz Jagati
Summary
XRP is trading near $1.11 and risks falling below $1.10 after breaking below a bullish trendline support at $1.1620 and its 100-hourly simple moving average. The token has entered a downside correction beneath the 38.2% Fibonacci retracement level, with bearish momentum indicators (MACD) gaining strength. Meanwhile, Ripple is deploying its RLUSD stablecoin to fund clean-water access through Water.org's Get Blue campaign.
Source
bskyXRP Nears $1.10 Support Level as Ripple Deploys RLUSD for Water.org Clean Water Campaignnews.bitcoin.comKey quotes
· 3 pulledXRP is trading on shaky ground near $1.11 as a fresh selloff threatens to drag it under $1.10
XRP has slipped into a precarious technical setup, breaking below a bullish trendline support at $1.1620 and falling under its 100-hourly simple moving average
The token started a downside correction that pushed it beneath the 38.2% Fibonacci retracement level
You might also wanna read
Avalanche Treasury Co. to begin trading on Nasdaq under ticker AVAT
Avalanche Treasury Co., a publicly-listed company built around a crypto treasury strategy, is set to begin trading on the Nasdaq under ticke
cnb.cx·9d ago
Michael Saylor Calls for Deeper Bitcoin Integration with Banks and Capital Markets
Michael Saylor, Strategy co-founder and executive chairman, argues that Bitcoin needs "disciplined expansion" through deeper integration wit
cointelegraph.com·14d ago
Mastercard receives New York BitLicense for stablecoin and blockchain settlement expansion
Mastercard has obtained a New York BitLicense, enabling the payments giant to expand into stablecoin and blockchain-based settlement infrast
coindesk.com·24d ago
Senator Gillibrand's son raises $30M from Lux Capital to launch perpetual futures exchange APEC
Theodore Gillibrand, the 22-year-old son of pro-crypto Senator Kirsten Gillibrand (D-N.Y.), has raised $30 million in a funding round led by
fortune.com·9h agoSenator Gillibrand's son raises $30M from Lux Capital to launch perpetual futures exchange APEC
Theodore Gillibrand, the 22-year-old son of pro-crypto Senator Kirsten Gillibrand (D-N.Y.), has raised $30 million in a funding round led by
fortune.com·9h agoSenator Gillibrand's son raises $30M from Lux Capital to launch perpetual futures exchange APEC
Theodore Gillibrand, the 22-year-old son of pro-crypto Senator Kirsten Gillibrand (D-N.Y.), has raised $30 million in a funding round led by
fortune.com·9h ago