Ripple (XRP) Price: Slides Toward $1.30 as $300 Million in Longs Get Wiped Out
Photo: CoinCentral
TLDR XRP is trading near $1.33 after a failed push toward $1.40, with the $1.30 support area in focus. The XRP Ledger bug fix is delayed to November after validator support fell to 26 from 35. US spot XRP ETFs took in about $709,000 on Wednesday, with cumulative inflows at $1.8 billion. Over $300 million in long positions were liquidated in 24 hours, and the long-to-short ratio fell to 0.71. Resistance sits at $1.34 and $1.38, while support levels are $1.26 and $0.94. XRP is sliding toward $1.30 on Thursday, giving back gains from earlier in the week.
Source: CoinCentral
