Ripple (XRP) is retreating to around $2.30 at the time of writing on Thursday, largely weighed down by bearish sentiment in the broader cryptocurrency market. Suppressed retail demand, declining on-chain and early profit-taking are among the factors hindering a steady recovery.
Ripple (XRP) recovery remains elusive, trading above $2.40 at the time of writing on Monday. The broader cryptocurrency market is heavily weighed down by risk-off sentiment, triggering a persistent sell-off.
Ripple (XRP) rises above $2.40 at the time of writing on Thursday, following two consecutive days of declines. The token briefly corrected, with the intraday candle wick reaching $2.35 earlier in the day, as a bearish wave spread across the cryptocurrency market.