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XRP Price Forecast: Ripple’s Open Interest Sheds $520M as XRP/ETH Hits One-Month Low

coingape.com

21 min ago

XRP Price Forecast: Ripple’s Open Interest Sheds $520M as XRP/ETH Hits One-Month Low

Ripple (XRP) price is under bearish pressure after shedding more than 8% of its value in the past week and recording the biggest seven-day loss among the top-ten largest cryptos by market cap. As the downward pressure intensifies, Ripple will likely lose its competitive edge over the largest altcoin, Ethereum, after the XRP/ETH ratio plunged to its lowest level in a month.

https://coingape.com/markets/xrp-price-forecast-ripples-open-interest-sheds-520m-as-xrp-eth-hits-one-month-low/?utm_source=CryptoNews&utm_medium=app