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via CoinDesk · By CoinDesk Staff
XRP price analysis: Ripple-linked token falls 4% on bitcoin-led market weakness
XRP
XRP/USDT
$1.4177
+1.22%
$1.4177
+1.22%
(24s)24h Volume
$992,790,236.70
24h H/L
$1.4279 / $1.3932
Change: $0.0347 (2.49%)
Long/Short
73.6%
Long: 73.6%Short: 26.5%
Funding Rate
-0.0009%
Shorts pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(06:41 AM UTC)
1 min read
XRP falls 4% below $1.30 as bitcoin-led market weakness pulls down majors
XRP hit fresh 15-week lows after losing a key support zone, with exchange outflows failing to offset persistent selling pressure.
XRP finally lost the $1.30 area traders had been defending for weeks, and the breakdown came on the heaviest volume of the session. Tokens continue leaving exchanges, which normally points to…
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