XRP slips to $1.31 after failed breakout as liquidity dries up
Crypto

XRP slips to $1.31 after failed breakout as liquidity dries up

CoinDesk·2h ago·Neutral

What Happened

XRP declined 2% to $1.31 after failing to break above $1.35 resistance. Thinning liquidity accompanied the rejection, typically preceding larger price movements. Meanwhile, oil prices surged above $112 amid threats to Iranian infrastructure. Cryptocurrency markets reversed Monday's ceasefire rally gains. CoinDesk Research examined five privacy approaches in blockchain technology, noting obfuscation-based models weaken as data scales.

Key Entities

XRPCoinDeskZcashIranian infrastructureblockchain privacy

AI Tools