XRP (XRP) extended its slide this week, trading within a persistent bearish channel as traders weighed heavy technical resistance against a potentially market-moving U.S. regulatory vote. While on-chain and ecosystem developments around Ripple’s RLUSD stablecoin continue to accelerate, price action suggests investors remain hesitant to commit ahead of clearer policy signals.
According to CoinMarketCap data, XRP was trading around $1.0632 at the time of writing, down 4.05% over the past 24 hours and 4.63% over seven days. The token has managed a modest 1.43% gain over the last month, but the… Read more
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