XRP Faces Resistance as Rally Attempt Falters

While Bitcoin reaches new heights and Ethereum posts significant gains, XRP finds itself in a corrective phase. The digital asset has failed to sustain upward momentum, slipping below key technical levels despite a major network upgrade and substantial trading activity. This divergence from the broader market rally suggests that large holders may be using periods of increased liquidity to sell.

The cryptocurrency market is currently led by Bitcoin, which has surpassed $92,000, and Ethereum, advancing approximately six percent. In contrast, XRP has decoupled negatively from this trend. Currently trading at $2.06, the asset shows a loss of nearly 0.5 percent. A particularly discouraging signal for investors was the aggressive selling that met an Read more...