XRP Rebounds Amidst Crypto Market Bloodbath
XRP Rebounds amidst Crypto Market Bloodbath
Ripple (XRPUSD) stages a rebound amidst a cryptocurrency market bloodbath spurred by negative investors’ sentiment in digital assets. The altcoin appears to have hit an oversold level, fueling the ‘refueling buying the dip’ sentiment.
XRP price is climbing at the press time, up by 1.04% in the last 24 hours to $1.91. XRP trading volume has declined by approximately 18% to $6.98 billion, with market capitalisation settling at $115.51 billion.
The market is seen bargain hunting, but analysts worry about XRP’s ability to keep the current in seller market. The market has expected a significant uptick following a recent ETF approval.
The NYSE approved Grayscale’s XRP ETF on November 22, but…
