XRP Pulls Back After Reaching Intraday High of $1.69
XRP's price has pulled back after reaching an intraday high of $1.69 due to increased leverage on Binance and potential overbought conditions.
Despite falling 5.36% to around $1.44, XRP remains up 43.7% for the week, supported by a broader crypto market recovery.
The token's surge is attributed to rising active addresses and whale interest, with active XRP addresses surging over 650% in recent times.