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Crypto

XRP Holds Ground at $1.35 Amid Crypto Market Volatility

Guavy AI Editorial Team
Instruments
XRP
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The XRP price has managed to hold onto its $1.35 support level as investors await potential ETF inflows that could push it towards $1.80.

According to CoinGlass, the token experienced a surge in selling pressure after reaching this key mark, prompting early buyers to cash out their profitable trades.

As a result, XRP retested its 200-day Exponential Moving Average (EMA) from above yesterday, with late buyers stepping in to scoop up the token at lower prices.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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