Will XRP price rebound ahead of Brad Garlinghouse, Davos?
XRP price retreated sharply on Monday and reached a low of $1.8500, its lowest level since January 1, and 23% below its highest point this year.
Summary
- XRP price retreated sharply, erasing all the gains made earlier this year.
- Brad Garlinghouse will deliver a statement at the World Economic Forum.
- The coin has formed a doji candlestick, pointing to a rebound this week.
Ripple’s (XRP) crash mirrored that of Bitcoin (BTC) and other tokens, including blue-chip names like Solana (SOL), Dogecoin (DOGE), and Ethereum (ETH).
It also coincided with the ongoing retreat of American stock index futures, with the Dow Jones, Nasdaq 100, and S&P 500, which fell by 0.70%,…
