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Ripple Price Forecast: XRP bullish momentum dampened as investors take profits
Ripple (XRP) is on the back foot on Friday, marking two days of consecutive declines as prices across the cryptocurrency market wobble. Its technical picture leans bearishly, reflecting the negative sentiment in the market. Although Bitcoin hit a new all-time high of $126,199 on Monday, interest in altcoins remains generally subdued. Investors anticipate the US Federal Reserve (Fed) to cut interest rates by 25 basis points to the range of 3.75% to 4.00% later this month, an event that could help shape the bullish outlook. Meanwhile, attention has shifted to technical levels as traders gauge whether XRP can defend its ... (full story)
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