With its referral program gaining hype among institutional investors, Unilabs Finance (UNIL) targets Ripple (XRP), as it’s poised to become the next $10 billion utility coin.

Unilabs (UNIL) is progressing as an investment protocol giant in the market after raising over $700,000 in its ongoing presale rally and selling over 100 million tokens within the first week of its presale. On the flip side, Ripple isn’t keeping up well with the shifting market dynamics, as political conflicts and global challenges in the network bring the XRP price to crucial levels.

XRP Price Forecast: Ripple Futures On CME Fail to Trigger Rally

Ripple (XRP) is trading broadly sideways around $2.34 today, positioning as its second straight day of minor declines. This tight, range-bound action coincides with the launch of cash-settled XRP futures on CME Group’s derivatives platform. The XRP price remained relatively flat even as other assets, including BTC and ETH, ticked higher.

The XRP price uptick followed a call between President Donald Trump and Russian President Vladimir Putin on Monday. President Trump hinted at a Russia-Ukraine ceasefire, with the two conflicting nations expected to begin talks immediately. Next, the Ripple futures contracts started trading on the CME Group’s derivatives platform on Monday.

Source: TradingView

As a result, the XRP price posted an impressive $2.4 million in trading volume during its first session. CME data shows nine standard Ripple futures (each accounting for 50,000 XRP) traded on the first day, summing to approximately $1 million in notional volume at an average price of $2.35. The lion’s share of trading activity was linked to micro contracts, which reached 236 at the end of the session.

Unilabs (UNIL) Challenges Ripple (XRP) With Over $30.7M In AUM

Unilabs’ (UNIL) growing demand among investors is technically challenging the cross-border payment giant Ripple (XRP). Its enterprise-grade analytics, cutting-edge infrastructure, and AI-backed asset management are proving to be a game-changer for traditional investors and retail traders. So far, the platform has sold over 100 million UNIL tokens priced at $0.005.

For newbies just walking into the crypto market, Unilabs (UNIL) offers to hunt down the entire crypto ecosystem to find hidden gems and cross-check them for strong performance indicators. Once done, UNIL holders get premium access to get their hands on those high-value projects before they hit the market or simply break out.

XRP Price Rally Halts: Tests Key Support Levels

The XRP price is hovering around the $2.34 mark at the time of writing, after extending the decline from highs that reached $2.65 last week. The cross-border remittance token holds above a key support at the 50-day Exponential Moving Average (EMA) around $2.28. If this level gives way, Ripple’s 100-day EMA at roughly $2.26 could provide the next line of defence.

Further declines might see the XRP price test the 200-day EMA near $2.04. The Moving Average Convergence Divergence (MACD) indicator has confirmed a sell signal on the daily chart below, signaling a heavy upside likely to extend the pullback. A sell signal manifests with the MACD line (blue) crossing beneath the signal line (red).

Source: TradingView

The downward-trending Relative Strength Index (RSI) indicator at 51 reflects XRP’s correction from recent highs. If Ripple drops below the initial support at $2.26, the RSI could fall under the 50 midline, indicating stronger bearish momentum and a potential slump for the XRP price.

World’s First AI-Powered DeFi Asset Manager Dominates Ripple

As the world’s first AI-backed DeFi asset manager, Unilabs (UNIL) offers transparency, huge returns, and complete access to trading environments reserved for crypto whales only. As a newbie in the market, Unilabs is already taking huge leaps and leading renowned Layer-1 blockchain projects with its mind-blowing gains and adoption in the crypto market.

Unilabs is gaining traction for delivering exceptional returns by enabling institutional investment opportunities for retail traders. This investment protocol leads a mission of building a user-friendly crypto community where every investor can seize the potential of high-growth crypto projects without manually working in the process and having AI do it instead.

Conclusion:

While Ripple (XRP) tests key support levels, Unilabs (UNIL) leads an optimistic narrative among institutional investors and retail traders for its growing presale demand among XRP whales. Check out Unilabs’ presale today before it goes out of budget in the next presale stage.

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