XRP (CRYPTO: XRP) is reeling from an ongoing correction, which is weighing on the token’s price despite institutional interest.
| Cryptocurrency | Ticker | Price | Market Cap | 7-Day Trend |
| XRP | (CRYPTO: XRP) | $2.94 | $174.4 billion | -5% |
| Bitcoin | (CRYPTO: BTC) | $113,994.59 | $2.3 trillion | -3.4% |
| Ethereum | (CRYPTO: ETH) | $3,621.59 | $437.2 billion | -4.2% |
Trader Notes: Crypto chart analyst Ali Martinez predicts XRP may face deeper downside, citing multiple technical red flags:
- Tom DeMark Sequential indicator recently flashed a sell signal on the 3-day chart, initiating the ongoing pullback.
- The next critical support level is $2.40. While $3 offered initial support, on-chain data highlights $2.80 as a soft buffer, with real demand starting below …