XRP tests $1.33 as rising leverage and weak price action create unstable setup
XRP has recently tested the $1.33 level amid increasing leverage in the market and weak price action, leading to an unstable trading environment. Analysts are concerned that the rising leverage could amplify volatility, potentially resulting in significant price swings. The current market dynamics suggest that XRP's price may struggle to maintain upward momentum without stronger buying support. Investors are advised to exercise caution as the situation develops.
Read the full article: CoinDesk