XRP Holds Steadily Despite Global Economic Uncertainty

Recent analysis reveals XRP’s market price has remained relatively stable amidst global economic challenges. Over the past 48 hours, XRP has traded between $2.10 and $2.18, showcasing a limited volatility compared to other cryptocurrencies in the market. This stability is attributed to factors such as declining trading volumes, which have led investors to adopt a cautious approach. However, technical indicators suggest potential downward pressure on XRP’s price. 90-day MVRV indicator shows peaks, indicating heightened possibility of a short-term correction.