

XRP’s sharp rebound has stalled, with the cryptocurrency giving back gains recorded over the previous two days. The move followed a rapid, near-vertical recovery, but chart signals now indicate that the bounce has encountered significant resistance. Decrypt reported that traders are facing a barrier after the latest advance, leaving the market focused on whether XRP can regain momentum or continue to retreat. The available market picture does not establish a clear next direction, but the loss of the recent gains marks a pause in the recovery. XRP remains the primary asset in focus as traders assess the significance of the failed push higher and watch for the next decisive move.
Source
Decrypt
This is an original Moneyiar brief based on the cited source.
Read original source ↗
Related news
Based on this story’s market and assets
Solana Network Nearly Froze After Routing Error Took 29% of Stake Offline
A Teraswitch routing error took 29% of Solana’s network stake offline, according to CryptoSlate. The failure did not cross the finality-halt threshold, but telemetry showed delayed finality and sharply lower throughput.
CryptoSlate
Ripple Expands University Presence With XRP Branding Across Major Sports Venues
Ripple’s university strategy is moving beyond blockchain labs toward XRP branding at collegiate sports venues. CryptoSlate reports a 69-day rollout covering Kansas uniforms, Florida football and Louisville basketball, without token adoption.
CryptoSlate
DOJ Moves to Forfeit $61 Million in Crypto Linked to Iranian Oil Sales
The U.S. DOJ is seeking to forfeit $61 million in cryptocurrency it says came from Iranian black-market oil sales and was laundered through Binance accounts, Bitcoin Magazine reported.
Bitcoin Magazine