Ripple (XRP) Price Analysis: Bear Traders Deploy $320M Leverage as XRP/BTC Pair Flashes Risk Signal

coingape.com

5 hour ago

Ripple (XRP) price stalled below the $2.40 mark on Wednesday, May 21, despite Bitcoin surging to new all-time highs above $109,500. Derivatives market data shows $145 million in bearish leverage overhead, as XRP lagged behind the broader crypto rally. Regulatory uncertainty continues to weigh heavily after a U.S. District Judge upheld the $125 million penalty against Ripple, deterring bullish momentum.

https://coingape.com/markets/ripple-xrp-price-analysis-bear-traders-deploy-320m-leverage-as-xrp-btc-pair-flashes-risk-signal/?utm_source=CryptoNews&utm_medium=app