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TronWeekly

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XRP Price Prediction: $2 Level At Risk As Analysts Hint At Bitcoin $99K Pullback

  • XRP price dropped 14% following Bitcoin's retreat from its all-time high, hinting at a break below $99,000.
  • XRP price remains below its 50-day SMA at $2.29, signaling weakening short-term momentum.
  • Derivative data shows XRP's neutral funding rates and decreasing open interest, dampening market sentiment.
  • Amid XRP's risks, a new rival Remittix focuses on real-world utility in crypto-to-fiat payments, potentially impacting the market.

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