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XRP price opened the year with a sharp rally of over 20%, outpacing larger majors like Bitcoin and Ethereum. However, the momentum didn’t stay one-way for long. As Bitcoin dipped, the XRP price plunged from above $2 to near $1.80 within hours before buyers stepped in. Even after the bounce, XRP remains stuck in a tug-of-war between dip buyers and overhead sellers. This is keeping the near-term outlook uncertain and highly sensitive to the next market-wide move.
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XRP price opened the year with a sharp rally of over 20%, outpacing larger majors like Bitcoin and Ethereum. However, the momentum didn’t stay one-way for long. As Bitcoin dipped, the XRP price plunged from above $2 to near $1.80 within hours before buyers stepped in. Even after the bounce, XRP remains stuck in a tug-of-war between dip buyers and overhead sellers. This is keeping the near-term outlook uncertain and highly sensitive to the next market-wide move.
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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