XRP Hovers Near $1.50 Threshold Amid Grayscale Rebalancing
XRP is closely watching the $1.50 threshold after Grayscale's GDLC rebalancing boosted interest in the asset.
According to analysts, XRP remains in a critical support zone while also facing a risk of dipping below $0.88 unless it sees three days of strong closes.
The recent Grayscale rebalancing has drawn more institutional attention to XRP, which could be a contributing factor to its price action.