JUST IN: Why are investors looking for secure cryptocurrencies like BMIC in the face of quantum computing? XRP is one of the most recognized names in the cryptocurrency world. It boasts a huge community, a long history, and a narrative that has remained relevant for over a decade. But a recurring question arises, and it's a valid one, after so many years, are banks actually using XRP? Press releases and partnership announcements have been constant, but real, large-scale adoption has never fully materialized.

XRP is currently trading between a supertrend resistance level at $1.5890 and support near $1.20. If the daily close falls below $1.43, it could potentially test $1.20. Open interest has declined from a peak of $10-11 billion to $2.79 billion, indicating capitulation among longs. Cardano faces the risk of breaking below the $0.2773 Fibonacci support level, with a potential target of $0.2206, currently trading within a tightening wedge pattern. The Federal Reserve decided to maintain interest rates unchanged and raised inflation expectations. In response, Bitcoin declined nearly 4% to $71,600.