XRP Price Slips As Traders Brace For SEC Settlement And Market Rebound
XRP (CRYPTO: XRP) is trading at $2.144 on Friday, down 2.99% over the last 24 hours, following a volatile stretch that saw the broader crypto market under heavy selling pressure.
But unlike its peers, XRP appears to be weathering the storm—and possibly positioning for a stronger breakout.
While the latest pullback brought XRP off its local highs, it comes after a 20% rally over the past week, as buyers stepped in during a broader market crash that briefly sent the coin to a monthly low of $1.64. The rebound erased fears that XRP might dip below the $1 mark, a possibility now firmly off the table amid stabilizing sentiment.
Despite its modest price decline today, XRP continues to outpace wider investor trends. According to new data from CoinShares, XRP recorded $3.4 million in inflows over the past week, leading all non-Bitcoin digital assets. It came during a period where crypto investment products saw $795 million in …
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