Reported 3 days ago
XRP's price dropped 2% as heavy selling pressure and a significant 34% reduction in long-term holder positions impacted the market. Despite the downturn, overall market activity suggests potential accumulation and renewed interest from institutional investors, as open interest rose to $1.36B. The price is stabilizing within the $2.31 to $2.47 range, with analysts watching key resistance and support levels for future movements, especially in light of potential macro easing and ETF speculations.
Source: YAHOO