Ripple’s XRP Struggles as Downside Risks Persist Amid Subdued Market Sentiment
Ripple’s XRP has been struggling to limit downside risks as the broader cryptocurrency market consolidates. According to FXStreet, the international money transfer token trades at around $2.18 after extending losses by 4%. Fundamentals from the derivatives market suggest that overhead pressure could continue to overshadow demand, especially with the Open Interest (OI) and trading volume falling sharply.
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