Meme coins, such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), are taking a breather after two days of recovery. The derivatives data indicate elevated retail interest amid the general anticipation of a crypto market rally in October.
Ripple (XRP) edges higher on Monday, trading between a key support established at $2.83 and resistance at $2.92. This short-term bullish outlook reflects the subtle recovery in the broader cryptocurrency market, which has been mirrored by Bitcoin (BTC) and Ethereum (ETH) since Friday.
Ripple (XRP) rises above $2.88 on Wednesday, reflecting a bullish wave across the wider cryptocurrency market, which has seen Bitcoin (BTC) also climb above the $113,000 level.