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XRP Price Battles $1.30 as $2.77B Futures Market Loses Momentum

News.Bitcoin.com
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XRP Price Battles $1.30 as $2.77B Futures Market Loses Momentum

XRP’s price is fighting to hold $1.29 as its $2.77 billion futures market loses momentum and sellers maintain control. Technical indicators favor further weakness, yet oversold readings suggest a recovery isn’t entirely off the table. Meanwhile, Polymarket traders assign a 50% probability to XRP touching $1.20 before November, while Kalshi’s October contracts reflect fading expectations […]

Key Takeaways

  1. XRP’s price is fighting to hold $1.29 as its $2.77 billion futures market loses momentum and sellers maintain control.
  2. Technical indicators favor further weakness, yet oversold readings suggest a recovery isn’t entirely off the table.
  3. Meanwhile, Polymarket traders assign a 50% probability to XRP touching $1.20 before November, while Kalshi’s October contracts reflect fading expectations […]
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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.