Tag Archives: XRP sell pressure

XRP Distribution Phase Continues, But Funding Rates Suggest Shorts Are Overextended

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XRP is testing demand below the $2 mark as the crypto market struggles to find stability amid rising uncertainty. After weeks of choppy price action and failed recovery attempts, traders are watching whether buyers can defend this zone or if another wave of selling pressure will push XRP into a deeper pullback. The broader market… Continue reading XRP Distribution Phase Continues, But Funding Rates Suggest Shorts Are Overextended→

Bollinger Bands Tighten On XRP Daily Chart – Major Price Move Ahead?

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XRP has faced significant selling pressure over the past several hours, causing the price to dip to new local lows around $2.65. This decline comes after a period of heightened volatility in the broader cryptocurrency market. While the long-term outlook for XRP remains bullish, the recent drop highlights risks that investors need to monitor closely.… Continue reading Bollinger Bands Tighten On XRP Daily Chart – Major Price Move Ahead?→