XRP Price Slides Towards $1.35 Amid Liquidation Wave, Signaling Weak Support
According to CoinDesk, XRP is experiencing a price slide, moving towards the $1.35 mark. This downward trend is accompanied by a liquidation wave, which indicates weak support for the cryptocurrency. The article highlights sharp late-session selling and rising leverage, suggesting that a larger price movement is anticipated. These conditions point to a building downside risk for XRP, indicating potential market volatility. The development signals a bearish outlook for the asset.
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