XRP Tumbles 4% But One Launch Provides Bulls With Hope

XRP (CRYPTO: XRP) is down to $2.85 for a 4% fall on the day but the launch of mXRP, a new liquid staking token designed to unlock yield opportunities for holders, could provide upside momentum.

Cryptocurrency Ticker Price Market Cap 7-Day Trend
XRP (CRYPTO: XRP) $2.85  $170.9 billion -5.1% 
Bitcoin (CRYPTO: BTC) $112,719.49  $2.24 trillion -1.6% 
Ethereum (CRYPTO: ETH) $4,176.71  $504.2 billion -6.8%

Trader Notes: Crypto trader Javon Marks highlighted that XRP is maintaining critical support above $2.47, keeping his $4.80 price target in play, which is a 66% upside from current levels.