Ripple Price Forecast: XRP recovery cools as more ETF products debut in the US
From fxstreet.com
Ripple (XRP) is edging lower, trading at $2.18 at the time of writing on Tuesday. A bearish wave is budding across the cryptocurrency market, triggering losses amid investors' rush to lock in short-term profits and protect their capital. If downward pressure persists, recovery toward $3.00 could be a pipe dream, while increasing the odds of another step below the pivotal $2.00 level. However, as retail and institutional demand increase, the path of least resistance may remain upward in the coming days. Grayscale and Franklin Templeton's XRP Exchange Traded Funds (ETFs) began trading on Monday, bringing the total ...
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