Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    NEAR Protocol Dips 10% Over Alleged Stolen Patented Technology

    October 24, 2026

    XRP Seeks Catalyst to Halt Downtrend, Breaks Below $1.30

    October 24, 2026

    Bitcoin Drops to $80.5k on Spot ETFS Outflows, AI Stocks Rout

    October 24, 2026
    Facebook X (Twitter) Instagram
    Trending
    • NEAR Protocol Dips 10% Over Alleged Stolen Patented Technology
    • XRP Seeks Catalyst to Halt Downtrend, Breaks Below $1.30
    • Bitcoin Drops to $80.5k on Spot ETFS Outflows, AI Stocks Rout
    • Naira Touches N1,395 to US Dollar as FX Order Book Surges
    • Nigeria’s Gas Reserves Rise 3% to 215.29 Trillion Cubic Feet
    • Oil Prices Edge Higher, Brent Rises 5% Week-on-Week to $115
    • FirstHoldco Soars on Earnings Beat, Otedola, RC Hold 50% of All Shares
    • XRP Upside Rises to 35% as Ledger Upgrade Delayed to Nov.
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Saturday, October 24
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » Cryptocurrency » XRP Price Slides to $1.36, Ripple Stablecoin Lists on OKX

    XRP Price Slides to $1.36, Ripple Stablecoin Lists on OKX

    Julius AlagbeBy Julius AlagbeApril 29, 2026 Cryptocurrency No Comments2 Mins Read
    XRP Price Slides to $1.36, Ripple Stablecoin Lists on OKX
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    XRP Price Slides to $1.36, Ripple Stablecoin Lists on OKX

    Ripple’s XRP price dips to $1.36, underperforming a slightly softer broader market amid macro headwinds pressuring the entire crypto sector.

    Broader market pullback amid macro uncertainty, including high oil prices and stalled Fed rate cuts, reducing risk appetite across crypto.

    XRP moved in lockstep with a declining total crypto market cap (-1.08%), indicating the drop was part of a sector-wide risk-off move.

    While no new catalyst appeared in the last 24h, the market is digesting prior large-scale whale activity. Over 1.1 billion XRP was redistributed by large holders in the past week, increasing available sell-side supply.

    Technically, the price faced repeated rejections at the $1.45–$1.50 resistance zone and is trading below its key moving averages, confirming bearish near-term momentum.

    Underlying distribution and a lack of buying power to overcome resistance are contributing to the weakness. The immediate structure is a consolidation range between $1.31 (support) and $1.50 (resistance).

    The 7-day Relative Strength Index of 46.24 indicates neutral-to-weak momentum, not oversold. The upcoming XRP Las Vegas 2026 conference and potential progress on the CLARITY Act are the next concrete events that could shift sentiment.

    Ripple has integrated its RLUSD stablecoin with crypto exchange OKX and institutional platform Bullish. On OKX, RLUSD is available for spot trading across 280+ pairs and as margin collateral.

    On Bullish, it facilitates Bitcoin options trading for Ripple Prime clients, offering a new collateral asset for institutions.

    This is bullish for XRP as it significantly expands the utility and reach of Ripple’s ecosystem. Deepening RLUSD integration on major venues enhances liquidity, attracts institutional users, and strengthens the overall value proposition of the XRP Ledger for cross-border finance. HYPEUSD- Hyperliquid Dips 5% on Bullish but Correcting Signals

    OKX XRP
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Julius Alagbe
    • Website
    • LinkedIn

    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

    Keep Reading

    NEAR Protocol Dips 10% Over Alleged Stolen Patented Technology

    XRP Seeks Catalyst to Halt Downtrend, Breaks Below $1.30

    Bitcoin Drops to $80.5k on Spot ETFS Outflows, AI Stocks Rout

    Naira Touches N1,395 to US Dollar as FX Order Book Surges

    Nigeria’s Gas Reserves Rise 3% to 215.29 Trillion Cubic Feet

    Oil Prices Edge Higher, Brent Rises 5% Week-on-Week to $115

    Add A Comment

    Comments are closed.

    Editors Picks

    NEAR Protocol Dips 10% Over Alleged Stolen Patented Technology

    October 24, 2026

    XRP Seeks Catalyst to Halt Downtrend, Breaks Below $1.30

    October 24, 2026

    Bitcoin Drops to $80.5k on Spot ETFS Outflows, AI Stocks Rout

    October 24, 2026

    Naira Touches N1,395 to US Dollar as FX Order Book Surges

    October 24, 2026

    Nigeria’s Gas Reserves Rise 3% to 215.29 Trillion Cubic Feet

    October 24, 2026
    Latest Posts

    NEAR Protocol Dips 10% Over Alleged Stolen Patented Technology

    October 24, 2026

    XRP Seeks Catalyst to Halt Downtrend, Breaks Below $1.30

    October 24, 2026

    Bitcoin Drops to $80.5k on Spot ETFS Outflows, AI Stocks Rout

    October 24, 2026

    Naira Touches N1,395 to US Dollar as FX Order Book Surges

    October 24, 2026

    Nigeria’s Gas Reserves Rise 3% to 215.29 Trillion Cubic Feet

    October 24, 2026

    Subscribe to News

    Get latest news from MarketForces Africa...

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.