XRP Price’s Only Saving Grace Now Is Bitcoin Crossing $110,000 Again 📈
XRP has encountered significant volatility recently, causing instability in its trading behavior. The altcoin's fluctuating price has led to market uncertainty and hesitance among investors.
The number of new XRP addresses has decreased, reflecting a lack of appeal to new investors and broader market uncertainty. Despite the coin's struggle, its 0.86 correlation with Bitcoin suggests potential recovery if Bitcoin continues its upward momentum toward $110,000.
XRP is trading at $2.16, resisting declines with support at $2.13. If Bitcoin maintains its bullish trend, XRP might break through resistance at $2.23, paving the way for further gains. Conversely, failure could see a drop below $2.13.
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