Dig Deeper, Invest Smarter
July kicks off with a positive note for the XRP token as the price witnesses significant upward momentum. The Ripple token hit a multi-year high in January 2025 but consolidated with the rest of the crypto market before investors’ interest reignited. Just today, the price has surged 3.6% and even higher on the weekly frames
The post Why is XRP Price Up Today? appeared first on CoinGape.
The post Ripple News: CME to Launch XRP Futures, CEO Reacts appeared first on Coinpedia Fintech News
There’s big news for XRP holders — the Chicago Mercantile Exchange (CME) has officially announced it will launch XRP futures contracts starting May 19th. These new futures will be available in both large and micro-sized contracts, giving traders more flexibility and precision in managing their exposure to XRP.
This move is a huge milestone for XRP, as the CME is considered one of the most trusted and regulated futures exchanges in the world. While XRP futures have already been launched on platforms like Coinbase and Bitnomial, those are relatively small players compared to the CME.
Many experts believe this development is a key step toward the long-awaited approval of an XRP Spot ETF. The U.S. Securities and Exchange Commission (SEC) often looks to the CME as a gold standard when considering futures markets, and having XRP futures listed there strengthens the case for an ETF.
Ripple CEO Brad Garlinghouse also reacted to the announcement, calling it “an incredibly important and exciting step in the continued growth of the XRP market”, though he admitted it was long overdue.
Looking ahead, there’s growing speculation that the SEC could approve not only an XRP Spot ETF but possibly a Solana ETF and others by later this year. With Paul Atkins recently sworn in as SEC Chair and a noticeably more pro-crypto stance from the agency, analysts believe there’s a high chance of ETF approvals by Q2 or Q3 2025.
If these ETFs get the green light, it could mark a major turning point for XRP’s market growth and wider adoption.
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
The post Ripple News: CME to Launch XRP Futures, CEO Reacts appeared first on Coinpedia Fintech News
There’s big news for XRP holders — the Chicago Mercantile Exchange (CME) has officially announced it will launch XRP futures contracts starting May 19th. These new futures will be available in both large and micro-sized contracts, giving traders more flexibility and precision in managing their exposure to XRP. CME Launches XRP Futures This move is …
The post Ripple Price Prediction As XRP EVM Ledger Goes Live appeared first on Coinpedia Fintech News
Ripple’s XRP is making headlines this week with a big development; the much-anticipated EVM sidechain has officially launched on mainnet. This upgrade allows Ethereum-compatible smart contracts to run on the XRP Ledger, opening the door for faster, cheaper decentralized apps, bridges, wallets, and more. It’s a big step for Ripple’s growing ecosystem, and naturally, traders are keeping a close eye on the price.
At the moment, XRP is hovering around $2.20 to $2.23, just under an important resistance zone. The price briefly pushed above $2.20 in the past 12 hours and is trying to hold above it. While the momentum isn’t strong yet, the charts suggest XRP could be setting up for a potential move.
If buyers manage to lift the price and hold it above $2.21, it might see a quick rally toward $2.25. The next target after that would be around $2.31 to $2.35. On the downside, XRP has decent support between $2.14 and $2.10, with a stronger support area near $1.95 if the market turns lower.
Analyst Casi Trades says XRP’s breakout is happening, but one key thing is still needed. The price is pushing toward $2.30, and the next big moment is whether it can hold $2.25 as new support after a pullback. If this level holds, it confirms real strength in the move. Momentum indicators like RSI are still strong, showing no early signs of weakness.
If all goes well, the next targets are $2.69 and $3.04, with more upside possible after that. “Now, we’re watching for #XRP to revisit $2.25 and hold it cleanly. If it does, that’s the base for the move we’ve been waiting for. Breakout season is just getting started,” the analyst said.
The EVM sidechain launch adds value to Ripple’s long-term plans, but it hasn’t triggered a big rally yet.
The post Ripple Price Prediction As XRP EVM Ledger Goes Live appeared first on Coinpedia Fintech News
Ripple’s XRP is making headlines this week with a big development; the much-anticipated EVM sidechain has officially launched on mainnet. This upgrade allows Ethereum-compatible smart contracts to run on the XRP Ledger, opening the door for faster, cheaper decentralized apps, bridges, wallets, and more. It’s a big step for Ripple’s growing ecosystem, and naturally, traders …
Ethereum (ETH) is up more than 10% over the last seven days as the market shows signs of renewed activity. However, key technical indicators reveal a mix of weakening trend strength and cautious optimism from buyers.
ETH is currently battling critical resistance zones that could define whether the rally continues or fades. With momentum still fragile, May could be a decisive month for Ethereum’s next major move.
Ethereum’s DMI chart shows its ADX is currently at 24.91, a sharp decline from 39 two days ago. The ADX, or Average Directional Index, measures the strength of a trend, whether up or down.
Generally, an ADX reading above 25 signals a strong trend, while values below 20 suggest the market is entering a period of weakness or range-bound trading.
The steep drop in ADX indicates that Ethereum’s recent momentum is quickly losing strength. Without renewed buying or selling pressure, ETH could remain stuck in a more volatile, sideways pattern over the short term.
Meanwhile, the directional indicators are showing a clear shift. The +DI, which tracks bullish pressure, has dropped to 22.71, falling from 31.71 three days ago and 27.3 yesterday.
In contrast, the -DI tracks bearish pressure has climbed to 17.68, up from just 7.16 three days ago and 15.64 yesterday. Yesterday, the gap between buyers and sellers nearly closed, with +DI at 20.91 and -DI at 20.1, suggesting sellers almost regained market control.
This rising bearish momentum and a weakening trend strength raise the risk of Ethereum’s price slipping lower if buyers cannot defend key levels. However, if bulls manage to hold ground and reclaim momentum, ETH could still mount another attempt at recovery.
Ethereum’s RSI is currently sitting at 56, up from 45.5 one day ago, after reaching 70.46 four days ago. The Relative Strength Index (RSI) is a momentum indicator that measures the speed and magnitude of price movements.
Typically, an RSI above 70 suggests an asset is overbought and may be due for a pullback, while an RSI below 30 indicates oversold conditions and the potential for a rebound.
Readings between 30 and 70 are considered neutral, with levels around 50 often signaling a market at a decision point. The sharp swing in Ethereum’s RSI over the past few days reflects the recent volatile sentiment around ETH.
With the RSI back up to 56, Ethereum has regained momentum after dipping into neutral-to-bearish territory. A reading above 50 leans slightly bullish, suggesting that buyers have started to reassert some control, though not with overwhelming strength.
If the RSI continues to climb toward 60 and beyond, it could signal a renewed push higher for ETH prices.
However, if momentum stalls again and the RSI turns back down, it would suggest the recovery is losing steam and that Ethereum could fall back into a broader consolidation or even a correction phase.
Ethereum price has made several attempts over the past few days to break above the resistance level at $1,828. If ETH manages to break and hold above this level decisively, it could open the door for a stronger move upward.
The next major target would be $1,954, and if bullish momentum remains strong, a further rally toward $2,104 could unfold. Ethereum could eventually test $2,320 in an even more aggressive uptrend, marking a significant bullish extension.
These levels will be key to watch as they could define the strength and sustainability of any breakout in the coming days.
On the downside, if Ethereum fails to hold its current levels and the trend reverses, the first critical support to watch lies at $1,749. A break below that could trigger a move lower toward $1,689.
If selling pressure intensifies, ETH could extend the downtrend even further, with major support levels at $1,537 and $1,385 coming into play.
Losing these levels would signal a much deeper correction, suggesting that the recent attempts at recovery were only temporary before a more prolonged bearish phase sets in.
The post Ethereum (ETH) Gains 10% In a Week But Trend Signals Remain Fragile appeared first on BeInCrypto.