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Crypto

XRP downside pressure grows, but analyst sees long-term target at $14

XRP has fallen 45 percent since the start of the year, prompting discussion of both near-term downside risk and expectations of a medium- to long-term rebound. Market analyst CryptoinsightUK reviewed bullish and bearish factors, citing liquidation zones, a weakening price structure and relative underperformance versus Ethereum and Bitcoin. He also pointed to rising open interest as a variable. On the upside, he cited overhead liquidity targets and oversold weekly and monthly RSI readings, and projected a long-term Fibonacci-based target near $14.

Crypto

Ripple-linked wallet moves 50 million XRP, some to Binance

A Ripple-linked address moved 50 million XRP to a new wallet, and 1 million of the tokens were later transferred to a wallet linked to Binance, according to on-chain data cited by The Crypto Basic. The transaction followed earlier smaller transfers from the same address. The new receiving address is described as unverified but shows links to Ripple through activation history. Market attention is on whether the 1 million transfer leads to selling, while XRP price action remains weak and derivatives indicators show caution signals.