Cryptocurrency | Price (USDT) |
---|---|
BTC | $108096.3000000000 |
ETH | $2452.7660000000 |
BNB | $650.8752100000 |
XRP | $2.1902930000 |
ADA | $0.5644588000 |
SOL | $151.5457000000 |
DOGE | $N/A |
DOT | $3.4287200000 |
LTC | $86.6675000000 |
LINK | $13.4117100000 |
Category: CRYPTO NEWS
The post XRP Price Braces For Rebound As BitMEX Teases Market-Moving Announcement appeared on BitcoinEthereumNews.com. XRP has its sights on recovering its losses over the last week, with investors’ enthusiasm reaching a fervent pitch. Amid the belief for a near-term correction, cryptocurrency exchange BitMEX has ignited a further wave of optimism for a higher XRP price. XRP Price Targets Correction As BitMEX Teases Major Announcement After a string of languid price performance over the last week, XRP is ready to reclaim previous losses, buoyed by a raft of positives. With its upcoming market-moving announcement, the biggest tailwind behind the XRP price impending correction is cryptocurrency exchange BitMEX. In an X post, BitMEX teased a Ripple announcement expected to have far-reaching effects on the cryptocurrency markets. Details of the announcement are still under wraps, but investors are bracing for the impact of the big reveal on XRP price. “Keep your eyes peeled,” said BitMEX on X, tagging Ripple to the post. “We have some news that’s definitely gonna have a ripple effect on the market.” There is rising speculation that the big announcement is a possible BitMEX-Ripple deal for settlement or exchange support for XRPL tokens. Investors have their eyes peeled on the announcement as XRP open interest declines to $5.5 billion. However, technicals reveal that the XRP price is poised for a short-term correction after key indicators flash the tell-tale signs. According to Ali Charts in an X post, XRP is showing classic signs of a rebound via the TD Sequential indicator. A look at the charts confirms a potential trend reversal in the short term for XRP price. Traders Take Position For CME Futures Listing On Monday XRP traders are angling for positions ahead of Monday’s CME futures listing event. On Monday, XRP futures ETF will launch despite the SEC delays in approving a spot ETF for Ripple. With the futures listing only hours…
2025-05-18T03:39:13+00:00