XRP's bearish momentum in late 2024 stems from profit-taking by long-term holders and reduced institutional buying, pushing the price below $2 after a historic XRP's bearish momentum in late 2024 stems from profit-taking by long-term holders and reduced institutional buying, pushing the price below $2 after a historic

XRP May See Further Downside as Holders and Institutions Pull Back

XRP's bearish momentum in late 2024 stems from profit-taking by long-term holders and reduced institutional buying, pushing the price below $2 after a historic rally to $3.68. Key factors include fading holder conviction and a 96% drop in ETF inflows. Long-term holders realized $721.5 million in profits on December 11, 2024, signaling waning confidence. Institutional [...]

Market Opportunity
XRP Logo
XRP Price(XRP)
$1.8411
$1.8411$1.8411
-3.68%
USD
XRP (XRP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.