XRP Liquidations & Fresh Platform Inflows Test Support
Photo: DailyCoin
Long XRP coin liquidations and rising balances on exchanges have piled fresh selling pressure onto an already fragile technical picture. After failing to hold higher ground earlier in the week, the token has settled into a tight band between roughly $1.26 and $1.32. Bitcoin (BTC) is laboring near $80,000 while several large altcoins are posting weekly losses. XRP’s drop stands out because earlier hopeful signals, spot ETF activity and steady wallet growth, have yet to translate into lasting strength in the spot market.
Source: DailyCoin
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