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XRP Faces Its Strongest Selling Pressure Since May: What’s Next for Ripple’s Price?


XRP Faces Its Strongest Selling Pressure Since May: What’s Next for Ripple’s Price?

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XRP's price has been choppy this week, briefly dipping below $1 before recovering to roughly $1.01. Exchange data show selling pressure on Binance has risen to its highest level since May, signaling elevated near-term downside risk for the crypto token.

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XRP’s price action has remained choppy this week. It briefly fell below $1 before a modest recovery. But that strength faded quickly, and it has since settled near $1.01.

New data suggests that selling pressure on the token has reached its highest level since May on Binance.

Read the article at CryptoPotato

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In This News

Coins

$ 1.01

-0.54%

Predictions Markets

See what traders are focused on

View analytics →
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