XRP Pulls Back After 25% Rally, Market Awaits Next Move
XRP has experienced a significant pullback after its impressive 25% rally over the past few days. The cryptocurrency's price had broken through key resistance levels, reaching $1.67 for only the second time this month, but failed to maintain momentum.
Despite the recent decline, analysts believe that XRP's current consolidation phase may precede a significant move, either up or down. The cryptocurrency's liquidity structure is drawing attention, with some seeing the recent price action as a favorable setup for a potential upside breakout.