XRP (CRYPTO: XRP) is down 6% over the past week, but traders remain upbeat about the token’s near-term prospects.
| Cryptocurrency | Ticker | Price | Market Cap | 7-Day Trend |
| XRP | (CRYPTO: XRP) | $3.12 | $185.3 billion | -6.1% |
| Bitcoin | (CRYPTO: BTC) | $118,850.20 | $2.36 trillion | +1.9% |
| Ethereum | (CRYPTO: ETH) | $4,646.80 | $560.8 billion | +19.1% |
Trader Notes: XRP experienced a rapid 7% drop in a single 15-minute candle, sliding from $3.21 to $3.00 before quickly rebounding following Thursday’s inflation report.
Casi Trades noted the decline appears to be a liquidity sweep rather than a genuine trend reversal, with price holding critical Fibonacci …