Ripple (XRP) remains highly vulnerable to downside risks as the broader cryptocurrency market consolidates while on the edge amid geopolitical tensions in the Middle East. Meanwhile, the price of XRP hovers at around $2.20, down nearly 1.5% at the time of writing on Tuesday.
Meme coins market capitalization is down by over 4% in the day to $59.79 billion at press time, with Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) on a downhill trek as the broader cryptocurrency market remains in a slump due to Bitcoin (BTC) slipping below $105,000.
Cardano's (ADA) price has reversed upwards after testing support at $0.65, trading at $0.69 at the time of writing on Tuesday.