XRP is experiencing bearish trends, trading between $2.19 and $2.25 in the last hour. Its 24-hour trading volume stands at $7.85 billion with a market cap of $127 billion. The prevailing trend across major timeframes is downward, with significant short-selling opportunities below the $2.30 mark.
XRP's daily chart shows a consistent pattern of lower highs, indicating a continued decline. The intraday price range varies between $2.21 and $2.35, reflecting market hesitation and bearish sentiment amongst traders. This trend provides a favorable environment for short sellers aiming to capitalize on these movements.
Sursă: news.bitcoin.com ↗