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XRP News: Bears Take Control, But Analysts See a Possible Bottom

XRP News: Bears Take Control, But Analysts See a Possible Bottom

Photo: Coinpedia

XRP Price has fallen from around $1.55 in early October to near $1.17, reflecting a 27% drop.. XRP open interest dropped 12.36% as traders reduced exposure amid growing market pressure. Analysts are eying $1.10–$1.15 zone as a critical support area for bulls. XRP is facing a critical test as its price falls toward $1.10 after dropping from its October high of $1.55. The decline has erased more than 27% of its recent gains and weakened trader confidence, ETF demand, and leveraged positions.

Source: Coinpedia

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