XRP Price Drop Explained
XRP's price dropped 5% in the last 24 hours due to a market decline.
Here's why:
πΈ$12.93M in long positions were liquidated.
πΈ Funding rates turned negative, showing less buying interest.
πΈLong-term holders sold $468M worth of XRP.
πΈIf XRP drops below $2.98, it needs to hold $2.46 and $2.30 to avoid further drops.
There are signs XRP could rise to $4-$5 soon.
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