Altcoins News
By James Thorp
1 / 15
Investor Sentiment Turns Cautious as Fear Dominates. The Crypto Fear & Greed Index has dipped to 46, signaling “fear” among investors.
2 / 15
Onchain Activity Sees Major Decline. Data from XRP Ledger shows a steep drop in active addresses, falling from around 50,000 in…
3 / 15
Futures Market Shows Weak Conviction. XRP futures open interest (OI) has dropped from $10.94 billion to $7.
4 / 15
Technical Outlook: Key Support at $2.70. From a technical perspective, XRP’s price action since July has formed a descending triangle…
5 / 15
Bearish Case: Potential Drop to $2.08. If $2.70 fails to hold, selling pressure could intensify quickly.
6 / 15
Bullish Case: Rally Toward $3.70 If Support Holds. Despite the prevailing bearishness, XRP still has a chance to recover if bulls successfully defend…
7 / 15
Outlook: XRP Faces Crucial Two Weeks. In summary, XRP faces a highly uncertain September. Weak sentiment, falling onchain activity, and…
8 / 15
XRP continues to struggle under market pressure, with the token slipping to $2.78, down 1.78% in the last 24 hours.
9 / 15
The Crypto Fear & Greed Index has dipped to 46, signaling “fear” among investors. Just a week ago, the index hovered around neutral levels, and 30 days earlier, it reflected…
10 / 15
XRP has not been spared from this risk-off mood. As traders shift away from speculative positions, liquidity in the market has tightened, leaving XRP vulnerable to sharper price…
11 / 15
Data from XRP Ledger shows a steep drop in active addresses, falling from around 50,000 in mid-July to just 19,250 as of September 1.
12 / 15
The slowdown in onchain activity suggests that investors are less inclined to move, trade, or hold XRP in the short term.
13 / 15
XRP futures open interest (OI) has dropped from $10.94 billion to $7.7 billion, a sharp decline within weeks.
14 / 15
This decline in OI underscores the lack of conviction among investors. When futures interest weakens, market volatility often rises as fewer participants remain willing to defend…
15 / 15
The immediate support lies at $2.70, which bulls are currently battling to defend. If XRP manages to stay above this threshold, a relief rally may develop.
The Currency Analytics
Want the full story?