XRP Faces Resistance, Struggles to Break $2.20 Despite ETF Impact

XRP struggles to break resistance at $2.20, with short-term rebound lagging behind Bitcoin and Ethereum despite ETF inflows.

Live Market Updates

Latest Financial News

neutral
15 days ago

XRP Faces Resistance, Struggles to Break $2.20 Despite ETF Impact

XRP Faces Resistance, Struggles to Break $2.20 Despite ETF Impact
XRP’s short term rebound is lagging behind Bitcoin and Ethereum as it faces significant resistance around the $2.20 mark, according to its 4 hour charts. Despite recent ETF inflows, there’s no clear indication that these are having a short term impact on the price or creating a supply shock. Analysts remain cautious, noting that the lack of immediate bullish momentum in XRP is in contrast to the stronger trends in Bitcoin and Ethereum. 
Companies:
  • XRP
  • Bitcoin
  • Ethereum
Tags:
  • XRP
  • cryptocurrency