Hitsch

What stands out at the moment regarding XRP is that large investors, known as whales, are once again actively buying, as indicated by data from the blockchain analysis platform Santiment. Since April, the number of wallets holding tens of millions of XRP has significantly increased. At the same time, the supply on exchanges is rapidly decreasing. This usually only means one thing: large investors are choosing to hold their tokens rather than sell them.

#xrp #Ripple #whale #Token #bullish

The XRP price was able to bounce bullishly at the 50-week EMA at around 1.62 USD and rose to the 0.382 Fib resistance at about 2.29 USD. However, the price failed to break through this resistance. If Ripple can hold the Golden Ratio support at 1.45 USD, the uptrend remains intact. In the short term, however, the indicators show bearish signals, indicating a possible correction. Against Bitcoin, XRP was unable to overcome the Golden Ratio resistance at 0.000029 BTC but found support at 0.00002366 BTC. #xrp #Ripple #bullish #BTC

Ripple and Cardano: Cooperation to Strengthen Both Networks

According to industry reports, Brad Garlinghouse (Ripple) and Charles Hoskinson (Cardano) are in talks about a strategic alliance. The goal is to bring the Ripple stablecoin RLUSD to Cardano's Midnight sidechain. This sidechain is focused on privacy and could unlock new use cases through RLUSD.

A potential milestone in crypto collaboration is emerging: According to Charles Hoskinson, there have already been discussions with Ripple CEO Brad Garlinghouse and CTO David Schwartz about integrating the Ripple stablecoin RLUSD into Midnight. The privacy-focused layer-2 solution could significantly benefit from a stable, interoperable means of payment.

#xrp #Hoskinson #ADA #Cardano $XRP $ADA