XRP
Why XRP is down 1.1% in the last hour
Analysis
XRP slipped 1.1% over the last hour amid broader risk-off pressure as a market-wide sell-off triggered heavy liquidations, which can weigh on altcoins even when activity spikes. U.Today reported a sharp jump in XRP trading volume alongside $745 million in liquidations, consistent with short-term downside driven by forced selling.
Contributing Factors (2)
XRP Rockets 214% in Volume as Market Sell-Off Liquidates $745 Million
XRP volumes have skyrocketed 214% as the market continues to face selling pressure.
Ripple (XRP) and Cardano (ADA) Show Deeper Undervaluation Than Bitcoin (BTC)
Santiment's MVRV data revealed that XRP and ADA are more undervalued than Bitcoin.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.