#Crypto2025Trends
XRP Rally Suppressed: Bears Dominate Ripple Market
XRP’s rally has been suppressed by bearish pressure, with the cryptocurrency stuck in a consolidation phase for three weeks. Despite the volatility in the overall crypto market, XRP is having a hard time breaking out due to the lack of strong bullish signals. The long to short ratio highlights the dominance of short positions, indicating a bearish sentiment. XRP’s Relative Strength Index (RSI) is also showing a decline in strength, suggesting continued downward pressure. XRP is currently trading at $2.17, down 4.8% in the last 24 hours, with a trading range of $2.00 to $2.73. A drop below $2 could signal a deeper bearish trend for XRP.
$XRP