By Patrick Timely XRP is trading near $1.36 after suffering a steep correction of roughly 65% from its recent local highs, as broader crypto weakness and derivatives deleveraging weigh on sentiment. The decline comes at a pivotal time, with Ripple reportedly nearing a $40 billion IPO valuation, adding a new layer of speculation around the […]
Tag: XRP
By Wayne Jones Even though they were trading at around $68,000 and $1,980, respectively, at the time of writing, Bitcoin and Ethereum bounced yesterday after sharp sell-offs, with BTC reaching $71,000 and ETH climbing to $2,150 following the resumption of spot ETF inflows. The rebound renewed speculation that BTC may have established a local floor, […]
By Shayan Markets Ripple’s XRP remains under clear bearish pressure, but instead of accelerating lower, the market has transitioned into a compression phase. The price action is now stabilizing near a key psychological floor, with volatility declining as both sides hesitate to commit aggressively. Ripple Price Analysis: The Daily Chart On the daily timeframe, XRP’s […]