Crypto
XRP Price Falters Near $1.29 as Regulatory Uncertainty Takes Hold
XRP's recent recovery has lost momentum as it trades near $1.2945 after failing to sustain its advance toward $1.45-$1.50.
The token now sits below both its 20-day and 200-day exponential moving averages, but remains above its 50- and 100-day averages.
Falling open interest to $2.89B signals reduced leverage and cautious trading in the market.
Mixed spot flows and regulatory uncertainty could limit XRP's recovery momentum, capping any potential gains.