Solana

Bitcoin

Reversal

Coin

<ul class="news-points"> 
 <li><strong>XRP’s unexpected dip raises concerns amid Bitcoin’s surge, highlighting a deviation from typical price patterns</strong></li> 
 <li><strong>Institutional support wanes as Solana outpaces Ripple in ETP inflows, affecting XRP’s growth and stability</strong></li> 
 <li><strong>Technical indicators suggest a potential downward trend for XRP, with RSI and MACD signaling caution among investors</strong></li> 
</ul> 
<p>Despite early bullish trends, XRP experienced a notable dip, reaching a low of $0.608 during Tuesday’s intra-day trading. This downward movement occurred unexpectedly, particularly in light of Bitcoin’s surge past the $42,000 mark. Analysts note that Ripple’s XRP, typically moving in tandem with Bitcoin, deviated from this pattern, sparking concerns among investors.</p> 
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   <p lang="en" dir="ltr">I was feeling some exasperation when I did this post but the overriding thing I experienced was curiosity. The fall happened across many Altcoins at the same time and Bitcoin also fell. Although we know the market seems to move together I am always surprised when these moves by… <a href="https://t.co/jZQL3rrJrv" target="_blank" rel="nofollow">https://t.co/jZQL3rrJrv</a></p>— bill morgan (@Belisarius2020) <a href="https://twitter.com/Belisarius2020/status/1731789005589795053?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">December 4, 2023</a>
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<p>The core of Ripple’s current challenge lies in its diminished appeal to institutional investors. While Ripple has long …</p>
<p>The post <a href="https://coinedition.com/ripples-xrp-dip-sparks-14m-whale-move-potential-reversal-ahead/">Ripple’s XRP Dip Sparks $14M Whale Move: Potential Reversal Ahead?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Ripple’s XRP Dip Sparks $14M Whale Move: Potential Reversal Ahead?

Coin Edition

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