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Ripple News Today: Why XRP drowned and can it return above $ 3?

XRP lost more than 5 % in the 24 hours, as the investor was crushing to have a rapid recovery about 3 dollars after the Ripple network suffered a 64 -minute interruption.

XRP problems lasted for the second consecutive day, as its price decreased by more than 5 % to a settlement of about $ 2.5 (at the time of the press). This encryption dealers watched digital assets, a step that it saw up to 50 % of the daily trade volume.

XRP graph XRP graph

Two main factors may explain much of this declining position towards ripple. The first was Yesterday’s drifting This caused a temporary stop in the production of the mass on the Professor Ripple notebook. This interruption lasted for 64 minutes on February 4, effectively affecting more than 80,000 XRP transactions.

This is not the first time that Ripple has had serious problems, because it suffered a similar interruption in September and November 2024. The incidents had fallen from investors and the reliability of Ripple Ledger. Among the individuals who expressed reliability concerns while questioning Ripple’s transparency, was the vice president of riot platforms Pierre Richard, who asked when Ripple would publish an analysis after the death of the accident.

The second is that The market has not been completely recovered From the shock of Trump’s tariff. The highest altcoins, including Solana and ChainLinkEqual analogous at a similar wealth. Daily trading volumes have also achieved great success, which can be explained by the “waiting and watching” mood that sweeps the encryption market.

Will XRP return to the highest $ 3?

Many basic factors, including optimism, towards a positive result of the SEC case versus XRP and ETF XRP in Canada first and later in the United States, are convinced of investors. Ripple will restore $ 3 long -standing dollars A sign before it explodes to its highest new levels.

XRP News Tether ChartXRP News Tether Chart

However, technical analysis indicates an increasingly feeling of the declining investor towards XRP. For example, the MacD-in the time frame for one hour-print red tapes for more than a week. Moreover, the signal line is via the signal line on a declining path. The RSI 38, as it accurately acquired the massive sale of the currency.

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2025-02-05 20:25:00

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