XRP Price Prediction. Analysts See $2.90 Retest As Panic Selling Cools
- XRP trades near $2.49 after a 42% drop to $1.64, marking one of its steepest one-day declines.
- Exchange inflows of $10.4M suggest early stabilization, though open interest remains weak.
- Analysts say a breakout above $2.90 is needed to confirm recovery, with support at $2.35 and $2.22.
XRP price today is hovering near $2.49 after one of the sharpest one-day collapses in recent history. The token fell 42% on Friday, reaching $1.64 before buyers staged a partial recovery above $2.35. Volumes surged 164% over the 30-day average, signaling capitulation and forced liquidations across major exchanges.
Despite the rebound, sentiment remains fragile as institutional open interest dropped by $150 million, underscoring the extent of long unwinding that triggered the flash crash.
XRP Price Recovers But Faces Heavy Resistance
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XRP Price Prediction. Analysts See $2.90 Retest As Panic Selling Cools
- XRP trades near $2.49 after a 42% drop to $1.64, marking one of its steepest one-day declines.
- Exchange inflows of $10.4M suggest early stabilization, though open interest remains weak.
- Analysts say a breakout above $2.90 is needed to confirm recovery, with support at $2.35 and $2.22.
XRP price today is hovering near $2.49 after one of the sharpest one-day collapses in recent history. The token fell 42% on Friday, reaching $1.64 before buyers staged a partial recovery above $2.35. Volumes surged 164% over the 30-day average, signaling capitulation and forced liquidations across major exchanges.
Despite the rebound, sentiment remains fragile as institutional open interest dropped by $150 million, underscoring the extent of long unwinding that triggered the flash crash.
XRP Price Recovers But Faces Heavy Resistance
Th…
Read The Full Article XRP Price Prediction. Analysts See $2.90 Retest As Panic Selling Cools On Coin Edition.
Читать больше
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