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Shiba Inu Officially Announces New Airdrop for SHIB Holders

Lele Jima
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Shiba Inu Officially Announces New Airdrop for SHIB Holders

The team behind the Shiba Inu ecosystem announces an airdrop of 10 million Philtoken (PHIL) for SHIB holders, with beneficiaries guaranteed up to 500,000 PHIL. 

According to the announcement, Shiba Inu holders who participate in the airdrop have a chance of earning double the rewards. 

Airdrop Eligibility 

However, the airdrop is exclusive to only Shiba Inu holders holding SHIB since August 28, 2024, in non-custodial wallets like Trust Wallet and MetaMask. 

The Philtoken team took a snapshot of eligible addresses at block height 20,627,000 (on August 28), which will share the 10 million PHIL. To participate, eligible beneficiaries must submit their non-custodial addresses on the claim page.

It is worth noting that the airdrop is conducted on a first-come-first-served basis. As a result, the first 10,000 eligible wallets will receive a minimum of 500 PHIL. 

How to Earn More Rewards and Participate in a Lucky Draw

Interestingly, some users can boost their rewards to receive up to 500,000 PHIL per wallet. To qualify, users must follow @PhilTokenETH and @shibtoken on X and retweet the airdrop announcement.

Additionally, the Philtoken team revealed that participants who comply with this directive will participate in a 250,000 PHIL Lucky Draw. In the meantime, the rewards will be distributed on October 24.

Notably, Philtoken was developed by an early Ethereum developer who uses the pseudonym ZZ_410. The token was launched this year with the aim of uniting the top 50 meme coins through charitable events. In this way, Philtoken aims to transform the meme coin space into a force for good. 

PHIL is priced at $0.04439, reflecting a surge of 128.35% over the past seven days. It is currently ranked as the 596th-biggest cryptocurrency, with a market cap of $43.97 million. PHIL has a maximum supply of 1 billion tokens. 

Philtoken and Shiba Inu Partnership? 

Philtoken plans to introduce a charity event for every new partnership it enters into with other crypto projects. Since this month, Philtoken has been hinting at a partnership with Shiba Inu. The PHIL team has been sharing memes suggesting a partnership is on the horizon.

 

15 Year Old Bitcoin Whale Sells $9.68M in BTC Amid Ongoing Market Volatility

Albert Brown
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15 Year Old Bitcoin Whale Sells $9.68M in BTC Amid Ongoing Market Volatility

An ancient 15-year-old Bitcoin whale has sold a significant amount of BTC, prompting market concerns amid the ongoing volatility.

Notably, Bitcoin’s has price dropped to $67,000 this morning, erasing gains made in the previous three days. This decline prompted concerns among investors about a potential ripple effect from traditional financial markets, leading them to reduce their Bitcoin exposure.

Notably, the recent dip aligned with heightened volatility across broader markets, reflecting investor caution amid looming macroeconomic risks.

Sales Raise Market Concerns

For instance, an ancient Bitcoin whale, active since January 2009, recently sold $9.68 million worth of Bitcoin, according to a recent update shared on X by Arkham Intelligence. 

This whale, which began mining BTC just five days after the first block, has gradually been offloading his holdings. Following the latest sale, the whale’s remaining Bitcoin value stands at $72.09 million. 

The trend of selling continued from previous sales reported on October 14, where this whale had already moved $5.47 million worth of Bitcoin over a two-month period. The market observed a significant transfer of $630,000 BTC to Kraken during this period.

At the time of the October 14 update, the whale’s Bitcoin holdings were valued at $75.23 million. The consistent selling pattern has raised questions about the whale’s motivations, as well as its impact on Bitcoin’s recent price fluctuations.

Whale Accumulation Still on

While the ancient whale sold a portion of his holdings, other large investors have been accumulating Bitcoin.

Despite the dip in price, increased whale activity signals strong market confidence, with large-scale investors steadily buying Bitcoin. According to Michaël van de Poppe, Chief Investment Officer and Founder of MN Consultancy, this trend could reflect expectations of further growth in the Bitcoin market. 

The ongoing accumulation mostly serves as an indication of positive sentiment, despite broader economic challenges. The large-scale investors’ actions hint at potential future price targets ranging from $300,000 to $500,000, according to van de Poppe.

Analyst Sets Bitcoin $285,000 Target Using Quantile Model

Elendu Benedict
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Analyst Sets Bitcoin $285,000 Target Using Quantile Model

Seasoned market analyst Sina has identified a price action model that will propel Bitcoin to $285,000 per coin before the end of the bull run.

In a tweet, Sina identified Bitcoin’s probable price range when predicted using the quantile regression model. Per the analysis, the market expert noted that the model classified Bitcoin price action under three distinct zones.

Market Expert Outlines Bitcoin Probable Zones Next Year

Citing the quantile model, Sina gave three zones where Bitcoin would trade in 2025. He called them the cold, warm, and hot zones.

In the cold zone, also called the 33% quantile range, the professor stated that Bitcoin would trade between $55,000 and $85,000. Notably, Bitcoin currently trades at this price range, exchanging hands at $67,620 at the time of writing.

Bullish momentum has encompassed the largest crypto asset by market in the past few weeks, as it ticked to a four-month high above $69,000 on Monday. However, Sina expects Bitcoin’s current price to be among its lowest range next year and calls for aggressive accumulation as long as Bitcoin remains in the cold zone.

Furthermore, Sina elaborated on the warm zone between the 33% and 66% quantile range. He expects Bitcoin to trade between $85,000 and $136,000 in this phase, citing surging traction towards the premier crypto asset.

Sina asserted that prices would surge rapidly during this phase, with the increase gaining the attention of retailers. During the warm zone, the market expert advised a mild Bitcoin accumulation, specifically pointing to dollar-cost averaging (DCA).

Analyst Foresees Possible Uptick to $285,000

Lastly, the analyst identified Bitcoin’s price performance in the hot zone, above the 66% quantile. He expects Bitcoin to trade between $136,000 and $285,000 in this phase, characterized by “high volumes and vicious swings.”

While noting that prices may continue their northward venture, Sina stated that Bitcoin may reverse after the zone. He advised a cautious approach and reduced purchasing appetite based on the investor’s risk level.

Meanwhile, Sina noted that the hot zone was not the Bitcoin top for 2025. He asserted that the largest cryptocurrency by market cap would peak at the 90th-99th quantile, implying that further upsides above the $285,000 mark exist.

Notably, Sina’s quantile regression model aligns with other analysts’ ambitious price speculations. For instance, Michael van de Poppe asserted that Bitcoin would test the $300,000 to $350,000 levels, citing increased whale traction.

Short-Term Bitcoin Expectations

Meanwhile, Bitcoin trended further downwards on Tuesday during a short-term correction window. The asset is down almost 2% in the past 24 hours but holds above $67,000 at the time of writing.

Amidst the consolidation, data from IntoTheBlock shows that Bitcoin still needs to regain the $68,500 price level. The market intelligence platform noted that over 320,000 addresses interacted with Bitcoin near its previous all-time high of $69,000, forming solid support.

However, Uphold’s research head, Dr. Martin Hiesboeck, noted that Bitcoin may see lower prices as the market seems overheated. He implied that increased leverage, evident in the record uptick in open interest, could catalyze a decline.

Cardano Wallet Yoroi Opens Door to Passive Income for ADA Holders with This Latest Partnership

Albert Brown
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0
Cardano Wallet Yoroi Opens Door to Passive Income for ADA Holders with This Latest Partnership

Yoroi Wallet, a Cardano-based light wallet, and Bring, a white-label crypto cashback platform, are launching a partnership to connect blockchain technology with global retail.

This venture will allow users to earn Cardano’s native crypto, ADA, as cashback rewards when shopping with more than 775 retailers worldwide. 

Through this collaboration, users will experience a novel way to passively earn ADA through everyday purchases. According to a Monday post, the initiative is a part of Cardano’s growing focus on expanding its real-world applications through practical, user-centric solutions.

ADA Cashback Integration within Yoroi Wallet

The integration aims to offer Yoroi Wallet users a new avenue to accumulate ADA by shopping with leading brands such as Vaio, JBL, StockX, Samsonite, and Nubul. Users will be able to shop using credit cards or other preferred payment methods and earn up to 10% cashback in ADA.

The process will be managed through Yoroi’s interface, allowing users to activate rewards with a single click. This approach simplifies earning ADA, making it more accessible and rewarding for everyday users.

The partnership is backed by the Cardano Catalyst program, a grant-based initiative supporting projects that drive blockchain’s real-world use cases. Catalyst’s backing has enabled Bring to develop its platform further within the Cardano ecosystem. By integrating with Yoroi, Bring aims to make ADA a practical component of retail transactions, thus broadening the utility of Cardano’s native crypto beyond its traditional role as an investment asset.

Connecting Blockchain to Retail Commerce

Yoroi’s integration of Bring’s cashback rewards aligns with Cardano’s broader strategy to merge blockchain technology with retail commerce. The introduction of crypto-based cashback rewards to traditional shopping models reflects a shift toward incorporating digital currencies in everyday spending. 

Users will not only gain access to ADA rewards but also experience how blockchain can be seamlessly blended into familiar commercial transactions. This collaboration represents a critical step toward making blockchain more user-friendly and practical for consumers.

The launch of this integration follows a separate announcement from EMURGO, a founding partner of Cardano, regarding gold tokenization on the network. In collaboration with Kinka Gold, Cardano is set to introduce XNK, its first gold-backed token. 

Each XNK token will represent a specific quantity of Japanese gold that meets the highest LBMA standards. Tokenizing gold further highlights Cardano’s commitment to expanding its on-chain economy and supporting the growth of real-world, asset-backed tokens.

Here’s Shiba Inu Price if It Sees Only 10% of Bitcoin Market

Sam Wisdom Raphael
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Here’s Shiba Inu Price if It Sees Only 10% of Bitcoin Market

Shiba Inu, which currently sees less than 1% of the Bitcoin valuation, could reach a new all-time high if it grows to capture only 10% of this market.

The crypto market has grown considerably since the launch of Bitcoin (BTC), the pioneering crypto asset, in 2009. Over the past decade and a half, Bitcoin has grown to become a trillion-dollar asset, cementing its position among the largest financial assets in the world.

SHIB’s Position in Relation to Bitcoin

Altcoins like Shiba Inu, despite having ambitious visions, can only dream to capture a share of Bitcoin’s market cap. While Cardano founder Charles Hoskinson has repeatedly argued that ADA could surpass Bitcoin in valuation, these commentaries have often faced skepticism.

Notably, Shiba Inu, being the 13th-largest cryptocurrency by market cap, currently boasts only 0.8% of Bitcoin’s total market valuation. For context, SHIB has a market cap of $10.9 billion at the reporting time, as opposed to Bitcoin’s valuation of $1.335 trillion.

Interestingly, the closest Shiba Inu has been to gaining on Bitcoin’s market cap was when it recorded its historic 2021 rally during the bull run at the time. Within this period, SHIB’s market cap spiked to $41.35 billion, representing 3.4% of Bitcoin’s $1.13 trillion valuation at that time.

Following a series of downtrends and recoveries, Bitcoin’s market cap has now surpassed its 2021 levels, now at $1.335 trillion. In contrast, Shiba Inu has failed to recapture the previous peaks of $41.35 billion. This is largely due to the fact that the altcoin season for this bull cycle has not yet materialized.

Shiba Inu Price if It Captures 10% of BTC Market

Several analysts expect most altcoins to capitalize on the upcoming season to outperform Bitcoin while securing massive gains. If Shiba Inu leverages this run to capture just 10% of Bitcoin’s market cap, its price could reach a new all-time high.

For context, 10% of Bitcoin’s current market cap sits at $133.5 billion. For Shiba Inu to reach this level, its market cap would need to grow by about $125 billion. However, should this occur, this would bring SHIB’s price to $0.0002266 per token, considering the circulating supply of 589 trillion tokens.

With Shiba Inu currently trading for $0.00001850, a spike to $0.0002266 would demand a growth rate of 1,124%. Notably, multiple analysts believe this is a feasible projection for the dog-themed token. Market watcher Valeriya predicted in June that SHIB could rally to $0.00022, a 10x surge at the time.

Ripple CEO Comments on Elon Musk Mentioning XRP 

Lele Jima
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0
Ripple CEO Comments on Elon Musk Mentioning XRP 

Ripple CEO Brad Garlinghouse reacts to a viral video of the world’s richest man, Elon Musk, mentioning XRP for the first time. 

In a startling development, Elon Musk, the CEO of SpaceX and Tesla, mentioned XRP for the first time during a recent town hall discussion in Pittsburgh. 

Musk Mentions XRP 

The Crypto Basic reported yesterday that an attendee asked the world’s richest man whether he envisions the XRP Ledger (XRPL), the underlying blockchain of XRP, incorporated into financial institutions, especially given the SEC’s aggressive stance toward the digital asset. 

Responding, the tech mogul commented on crypto assets in general rather than addressing the specific XRP question. Notably, he praised cryptocurrencies for serving as a defense against centralized control. 

He quickly added that his comment does not represent an endorsement or lack of support for XRP, the seventh-biggest cryptocurrency by market cap. Despite not endorsing XRP, Musk’s comment triggered excitement among proponents of the cryptocurrency. 

Ripple CEO Reacts  

The video has gone viral within the XRP community, prompting a reaction from Ripple’s CEO, Brad Garlinghouse. In his remark, Garlinghouse reiterated that United States voters care about crypto, particularly XRP. According to him, voters are interested in favorable policies that promote innovation and job creation in the country. 

The Ripple CEO contended that political candidates who ignore the importance of crypto and blockchain risk losing support from an informed and growing voter base. 

Importance of Next Month’s Election 

The importance of next month’s presidential election cannot be overstated. Crypto investors and stakeholders believe there is a need to support a pro-crypto political candidate who will advocate for favorable regulations for the industry. 

The current administration has displayed aggressive behavior toward crypto. Consequently, crypto enthusiasts believe voting for Kamala Harris, the vice president of the current administration, will only prolong the crypto asset industry’s present hurdles.

Moreover, Harris has not clearly revealed how her administration would provide clear regulation for the industry.  

On the contrary, her opponent, Donald Trump, has consistently voiced support for crypto. During his keynote at the Bitcoin Conference 2024, Trump said he would sack SEC Chair Gary Gensler on his first day in office. 

In addition, he promised to support pro-crypto policies. Trump has gained the backing of top crypto stakeholders, like Gemini founders Tyler and Cameron Winklevoss, who donated $1 million worth of Bitcoin (BTC) each to his campaign. 

Even though Harris has been economical with her intentions for the industry, she has also attracted the endorsement of top crypto executives, such as Ripple co-founder Chris Larsen and Uphold co-founder J.P. Theriot. 

Yesterday, Larsen announced that he donated $10 million in XRP in support of Harris, whom he believes would make American technology maintain global dominance. 

BitBoy Says XRP Will Overtake Ethereum, Predicts Price of $16.5-$22

Abdulkarim Abdulwahab
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0
BitBoy Says XRP Will Overtake Ethereum, Predicts Price of $16.5-$22

Famous crypto pundit Ben “BitBoy” Armstrong has boldly asserted that XRP will overtake Ethereum to become the second most prominent crypto asset after Bitcoin.

BitBoy conveyed this perspective in his latest commentary on XRP and Ethereum, which he shared on X on Monday. In his view, XRP’s path to overtaking ETH will occur when its value ascends astronomically to between $16 and $22.

Why BitBoy Thinks XRP Will Surpass ETH as the Number 2 Coin

Armstrong pointed out that over the years, there has been debate over which Layer-1 token will flip Ethereum by 2025. He expressed confidence that the feat would not be taken by Solana (SOL), the closest rival to ETH regarding market cap. BitBoy stressed that it would rather be XRP sitting at the number 2 spot by 2025.

Armstrong reminded followers that XRP had already flipped Ethereum once before, in 2018, and now, he believes “the flip is coming.” He emphasized that XRP is not competing directly with Ethereum, arguing that XRP operates in a league of its own, as both serve distinct sectors of the broader crypto revolution.

He contended that Ethereum will battle competitors in its own space, particularly in smart contracts. He claims that ETH will struggle in the ongoing bull run due to intense rivalry in this section.

According to BitBoy, Bitcoin and XRP are the leading two crypto assets with “no competition” for their position in the market. “XRP is the chosen one for liquidity across borders. No other asset can touch it in the next bull run,” he said.

XRP Price When It “Flips” Ethereum

Notably, Armstrong pointed out that if XRP rallies by up to 3,000% this season, it will flip Ethereum. As of today, XRP has a market cap of $30.84 billion and a floor price of $0.5439. In contrast, Ethereum’s market cap is more than ten times larger, at $319 billion.

If XRP experiences a 30X surge, as BitBoy projected, its price would reach $16.8, resulting in a market cap of approximately $956 billion. Meanwhile, $16 is his lowest estimate, as he expects XRP to rise as high as $22. This higher price point would elevate XRP’s market cap to approximately $1.2 trillion.

According to him, factors supporting these high valuations include banking partnerships, XRP ETFs, Ripple’s IPO, and BRICS adoption. “The flip is not a matter of if, but when. XRP is about to shock the world,” he said.

Can XRP Truly Overtake Ethereum?

BitBoy believes Ethereum will not witness a comparable 30X price surge to XRP this season, enabling XRP to overtake it in the market cap. It’s worth noting that XRP only overtook Ethereum briefly in January 2018, as Ethereum reclaimed the position from XRP in less than a week.

Additionally, XRP’s price action during the ongoing bull run has been much weaker than Ethereum’s. For instance, ETH boasts a year-to-date gain of 16%, while XRP shows a negative figure of 11.4%.

In Q1, Ethereum came close to reclaiming its 2021 all-time high, surpassing the $4,000 level. In contrast, XRP has failed to approach $1, much less its six-year-old all-time high of $3.84.

Essentially, BitBoy’s suggestion of Ethereum remaining stagnant while XRP rallies by over 3,000%, enabling it to surpass Ethereum in market cap, is highly speculative.

Expert Sees Bitcoin Hitting $300-500K as Whales Ramp up Buying Activity

Albert Brown
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0

Bitcoin hits a multi-month high, sparking increased whale activity, record accumulation in addresses, and a surge in futures open interest.

Bitcoin (BTC) opened the week on a strong note, surging to a new multi-month high of $69,500 on Monday. However, it failed to maintain its momentum toward the $70,000 mark, leading to a retracement to $67,563.

This represents a 2.08% decline over the last 24 hours, despite maintaining a 3.22% increase in the past week. Notably, Bitcoin’s recent price action has sparked an increase in whale activity, with large-scale investors steadily accumulating the crypto.

Whale Activity Grows 

As Bitcoin fluctuates near its all-time highs, Michaël van de Poppe, Chief Investment Officer & Founder of MN Consultancy, observed that whale activity is on the rise. Whales have been actively buying more despite the current price range.

Van de Poppe suggests that this trend is a positive sign for Bitcoin, indicating strong market confidence, even if broader economic concerns loom. The increased whale activity could signal expectations of further growth, possibly even pushing Bitcoin toward targets of $300,000 to $500,000.

Accumulation Addresses at 2.9M BTC

Meanwhile, CryptoQuant, a leading on-chain data provider, reports that Bitcoin accumulation addresses now hold over 2.9 million BTC.

These addresses, known for their steadfast holding behavior, have nearly doubled their Bitcoin holdings since January 2024, when they had just 1.5 million BTC. Accumulation addresses typically have no outflows, hold at least 10 BTC, and have been active for over seven years. 

Notably, the rapid growth of these addresses in 2024 marks a shift from previous years, as these addresses held only 100,000 BTC in 2018 and surged to 700,000 BTC during the 2021 bull run. At the current pace, the total BTC in these addresses could exceed 3 million by year-end, potentially surpassing a market value of $210 billion.

Bitcoin Futures OI Hits New Peaks

In parallel with increased accumulation, Open Interest (OI) in Bitcoin futures has also reached new highs. Coinglass data shows that OI surged to $40.5 billion by October 21, surpassing its previous all-time high of $40.38 billion.

Similarly, CryptoQuant reports that OI across major crypto exchanges peaked at $20.89 billion, marking heightened investor participation. 

The difference between Coinglass and CryptoQuant’s OI figures is attributed to the range of exchanges each platform monitors, with Coinglass including data from CME and others. The spike in OI suggests increased trading activity, which could contribute to higher volatility in the near term.

Ripple Shuffles 200,000,000 XRP as Price Retraces from $0.56

Elendu Benedict
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Ripple Shuffles 200,000,000 XRP as Price Retraces from $0.56

Payment giant Ripple shuffled 200,000,000 XRP between its wallets, raising speculation within the community.

As reported by market tracking resource Whale Alert, the transaction involved a Ripple-tied wallet, with the tracking platform dubbing the recipient address unknown. The sending Ripple address “rBg2Fu” transferred 200,000,000 XRP, valued at $109 million at the time, to the receiving address “rP4X2h” on Monday by 20:28 UTC.

Transaction Analysis

Data from Bithomp shows that the two addresses have repeatedly shuffled XRP in between them in the past. Notably, the receiving address, which Whale Alert tagged as an unknown wallet, has often received funds from the sending address and shuffled them to other wallets.

For context, the Ripple-labelled sending address transferred 200 million XRP to the receiving address on September 23, valued at $117.6 million at the time. This came ten days after the sending address moved 150 million XRP to the same address.

Data shows the receiving address also has an affiliation with Ripple, with its activities causing concern among the XRP community. Notably, the receiving address has constantly been a medium through which Ripple moves XRP to external wallets, particularly exchanges.

For instance, on October 8, the wallet transferred 100 million XRP to a dumping wallet, which then moved the asset to exchanges like Bitstamp and Bitso. The address also made a similar transaction on September 19, moving 100 million XRP to the selling wallet.

Meanwhile, the wallet still holds the 200 million XRP it received on Monday. At the time of writing, the wallet has 254.4 million XRP, valued at $138 million, in its possession.

XRP Market Reaction

Amidst community skepticism following the transfer, XRP remains largely unperturbed. The 7th largest crypto asset by market cap corrected under 1% in the past 24 hours and trades at $0.544 at the time of writing after retracing from the $0.56 high yesterday.

Notably, XRP is down 9% in the past month despite the prevailing bullish sentiments in the crypto market. For context, Bitcoin and Shiba Inu are up 7.30% and 26%, respectively, in the same timeframe.

Expert Says XRP Primed for Its Biggest Explosion Yet

Sam Wisdom Raphael
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0
Expert Says XRP Primed for Its Biggest Explosion Yet

Crypto market analyst Steph predicts that XRP could be on the verge of its most significant price rally yet, citing the potential impact of surging global liquidity. 

The analyst made this assertion in his latest report on XRP price action. Notably, his chart points out the historical relationship between XRP’s price movements and global liquidity surges, suggesting a repetition of past trends.

XRP Could Rally on Liquidity Surge

The chart reveals moments when liquidity influx fueled XRP rallies. Notable surges occurred during the 2017-2018 and 2020-2021 cycles, where global liquidity provided a backdrop for rapid price appreciation. 

Based on this pattern, analysts, including Steph, believe that XRP could be gearing up for a similar surge between 2024 and 2025, triggered by yet another liquidity increase.

XRP Chart | StephIsCrypto
XRP Chart | StephIsCrypto

Specifically, in 2017-2018, the influx of liquidity coincided with a significant rally, allowing XRP to spike by about 60,000% to the all-time high of $3.31 in January 2018. It bears mentioning that XRP underperformed during the 2017 bull run right before this spike.

This pattern repeated in 2020-2021, albeit with some differences in momentum and magnitude. Despite the SEC’s legal battle with Ripple, which negatively impacted XRP, the altcoin gathered enough strength to record a spike to $1.96 by April 2021. 

Each time, XRP’s price benefited from broader market liquidity conditions. The current setup appears to mirror these past cycles, suggesting that another liquidity-driven rally looms. Currently, XRP is underperforming, a similar trend to what the market witnessed in 2017.

XRP Short-Term Outlook

Meanwhile, XRP’s short-term outlook warrants caution. XRP is currently trading at $0.5445, down 0.04% this morning. The altcoin has been consolidating within a symmetrical triangle pattern since early October, which brings the $0.55 price region into focus.

XRP 1D Chart
XRP 1D Chart

A decisive break above this resistance level could clear the path for further gains, with the next key target being the pivot point at $0.5929. Beyond this, XRP has the potential to test several resistance levels, with the R1 level at $0.6549, R2 at $0.6932, and R3 at $0.7553. 

However, the bulls need to defend any drops. Should the price fail to break above the $0.55 level and face further selling pressure, key support levels to monitor are S1 at $0.5309, S2 at $0.4926, and S3 at $0.4305. 

Further data from CryptoQuant confirms that XRP’s Relative Strength Index (RSI) is currently neutral at 59. An RSI reading near 60 suggests that the asset is showing strength but has not yet entered overbought territory, leaving room for further upside momentum. 

XRP RSI and Stochastic
XRP RSI and Stochastic | CryptoQuant

In addition to the RSI, the Stochastic oscillator is neutral at 55.4. Similar to the RSI, the Stochastic indicates that XRP is in a balanced state, with neither strong bullish nor bearish pressure.

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