XRP Price Outlook Ahead of US Strategic Crypto Reserve
XRP price hovered near the $1.80 support level on December 27 ahead of the anticipated US Strategic Crypto Reserve update. Despite brief recovery attempts, the broader trend remains bearish as XRP struggles to reclaim the $2 resistance zone.
The worldwide crypto market slumped 0.78% in the last 24 hours, and the market has been on a 4% per month downward trend.
The Fear and Greed Index of CMC is at 28, indicating the uncertainty deeply held by investors as leveraged positions are unwinding.
Institutional ETF outflows, AI token liquidity strains, and coordinated exchange-driven sell-offs put pressure on it.
Bitcoin price remains under $88,000, and Ethereum is under $3k, and altcoins ADA, DOGE, and BNB are also…
