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Crypto

XRP Stuck in Trading Range as ETF Launches Slip to October

Guavy AI Editorial Team
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XRP
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XRP's price has been stuck in a tight range between $1.35 and $1.37, struggling to break above the crucial $1.40 resistance level.

Both Roundhill's XRP Covered Call ETF and Teucrium's 2x Short Daily XRP ETF have had their launch dates delayed until October 11, with total assets under management for XRP ETF products reaching $1.45 billion.

The decline in network transactions on the XRP Ledger has been significant, plummeting over 55% since mid-September, indicating a decrease in user engagement.

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