XRP
Why XRP is down 1.3% in the last hour
Analysis
XRP slipped 1.3% over the past hour as traders reacted to a mix of cautious technical commentary and lingering negative sentiment. AMBCrypto noted XRP has retraced significantly from its peak and flagged a signal that could imply βdeeper trouble,β which likely pressured short-term positioning.
Contributing Factors (3)
What's Next for XRP? Ripple Teases Big Updates at This Key Event
Latest updates on XRP Ledger and what's coming next for XRP, as well as progress made on the XRPL, will be shared at the event.
'Be Greedy': Ripple CEO Reacts to XRP Price Crash
Ripple CEO Brad Garlinghouse turns to the 'Oracle of Omaha' to display his confidence in XRP.
XRP retraces 61% from its peak β But THIS signal hints at deeper trouble
With price nearing key demand, can buyers defend support or will downside momentum extend?
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.