{"content":"XRP Under Pressure 📉 — Ripple Shifts Focus Toward Institutional Custody As crypto asset liquidation reached $1.33 billion in 24 hours, XRP falls approaching $2.18. To service fintechs, crypto-native enterprises, and corporations, Ripple purchased Palisade, a digital asset wallet and custody provider. Ripple (XRP) falls to $2.26 on Tuesday, matching the cryptocurrency market's risk-off mentality. XRP's technical outlook is unfavorable due to futures market pressure as crypto asset liquidations reached $1.33 billion in 24 hours. Ripple buys Palisade to expand digital asset custody. Ripple acquired digital asset and custody business Palisade. Ripple Custody may expand its products and use cases using Palisade's safe, fast, and scalable “wallet-as-a-service” platform, built for high-speed value transfer. “The combination of Ripple's bank-grade vault and Palisade's fast, lightweight wallet makes Ripple Custody the end-to-end provider for every institutional need, from long-term storage to real-time global payments and treasury management,” Ripple President Monica Long said. After plunging 38% from its mid-July record high of $3.66, XRP continues to experience selling pressure despite Ripple's crypto investment expansion. Over the previous 24 hours, crypto liquidations average $1.33 billion, underscoring investor woes. About $156 million in shorts were wiped off, leaving $1.17 billion long. Should traders not see a lifeline in the next sessions, liquidation may continue to wreck the crypto market. As of Tuesday, XRP is trading about $2.26. The token's position below major moving averages including the 200-day EMA at $2.59, the 50-day EMA at $2.62, and the 100-day EMA at $2.69 signals negative technical structure. Trading attention is focused on the next support at $2.18, last tested on October 18, and $1.90, last tested in June. If mood becomes positive, investors purchase the dip, and the price may reverse toward the 200-day and 100-day EMAs around $2.59 and $2.69. #xrp #MarketPullback #TrumpTariffs $XRP ","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025112025/11/04/962203efe61e93bf6fb252e30ffe162b.png"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}