XRP is grappling with volatility, with traders experiencing losses of over $202,180 within the last hour. The cryptocurrency struggles to maintain upward momentum as Bitcoin’s market dominance puts pressure on its recovery prospects. As investors turn toward Bitcoin, XRP faces challenges in attracting investment and sustaining a price rebound. Technical indicators suggest that XRP is moving below its seven-day exponential moving average, indicating continued selling pressure. The lack of sustained trading volume further adds to the uncertainty surrounding XRP’s future performance. Despite these challenges, the potential for an XRP exchange-traded fund (ETF) approval offers hope for a more lasting recovery. While the SEC awaits final decisions on pending applications, market analysts believe an ETF could boost investor confidence and cement XRP’s long-term role in the cryptocurrency landscape.