Author: chloe

Chloe Adams writes about the infrastructure layer of crypto: Bitcoin, Ethereum, Layer 1 networks, stablecoins, DeFi and the regulation shaping how these systems are used. At BlockchainJournal, she pays close attention to protocol upgrades, network activity and adoption claims, separating meaningful ecosystem progress from technical noise or premature conclusions.When relevant, she also tracks regulatory developments and market reactions tied to core blockchain systems.

The quote for XRP experienced a downward technical adjustment settling at $2.12 after a sequence of liquidations on Binance Futures. This move eliminated excess leverage in both directions of the order book, leaving the price action trapped. Traders absorbed an unusually symmetrical leveraged position reset during the last session. Likewise, the asset remains in a narrow range between the $2.07 support and $2.17 resistance. Therefore, the market is waiting for a new catalyst to define its trend.

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