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The XRP price has spent the past week struggling with bearish momentum, and the latest dip below the $2 price level has further added to the bearish sentiment. The cryptocurrency briefly slid under this psychological level in the past 24 hours, continuing a multi-week sequence of lower highs and lower lows.  Despite this pullback, one crypto analyst on X proposes that the current movement is not as alarming as it appears. His price chart, which maps XRP’s weekly candles, shows the XRP price falling to a familiar support area inside a larger descending channel. XRP Price Still Trading Inside A Year-Long Range XRP’s break below $2 might be the final blow for many bullish traders, but some are still holding on. In his breakdown, the analyst reminded followers that XRP h...

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Growing unrealized losses and falling NAV levels are threatening corporate crypto treasuries, making it difficult to raise capital for future digital asset investments.

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

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