XRP’s (CRYPTO: XRP) latest price decline has traders debating whether it will break key support and slide toward $1, despite recent optimism surrounding its addition to the crypto strategic reserve.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| XRP (CRYPTO: XRP) | $2.38 | $138.3 billion | -8.7% | -7.8% |
| Bitcoin (CRYPTO: BTC) | $83,619.00 | $1.65 trillion | -7.4% | -4.1% |
| Ethereum (CRYPTO: ETH) | $2,078.67 | $250.6 billion | -8.6% | -14% |
Trader Notes: In an X post on Tuesday, Bluntz Capital notes that XRP is showing weekly bearish divergences, similar to Bitcoin and Solana, prompting him to adopt a cautious approach.
CrediBULL Crypto pointed out that XRP is already down 25% from his previous profit-taking level after Bitcoin’s rejection. He’s planning to re-enter around $2, where he sees the best risk/reward setup.
Full story available on Benzinga.com