XRP Stuck in Compression Amid Crucial Week Ahead
Ripple's XRP has yet to establish a clear direction after its August surge, as repeated rebounds are being capped before buyers can regain control.
The market is currently in a state of compression, leaving it at an important juncture. Holding the nearby support could eventually set up another recovery attempt for XRP.
Two fund filings on September 12 drew attention to XRP, with one listing its price at $1.36 and another detailing a 4.36% allocation in the Teucrium ETF filing.