• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Short-Term Risks for XRP: Analyst's Take

user avatar

by Giorgi Kostiuk

8 hours ago


XRP remains a focus for investors due to its technology and use in cross-border payments. However, short-term signals raise concerns among analysts.

Current Market Situation of XRP

Crypto analyst Levi Rietveld noted that XRP is in a state of "clearly overbought" on the daily charts. He points to significant signals that suggest possible sharp corrections, similar to past occurrences.

Impact of Macroeconomic Factors

Rietveld emphasizes that current macroeconomic conditions, including geopolitical instability and Federal Reserve policies, do not support an increase in market liquidity. He believes that under these circumstances, strong capital inflow into the market is unlikely.

Potential Market Manipulations

The analyst also expresses concern about manipulation by major investors, who may be using the current positive dynamics to lure retail traders into long positions, only to liquidate them during a sudden reversal. Rietveld suspects that the current positive momentum for XRP may be short-lived.

Despite positive expectations, short-term risks and macroeconomic influences may negatively impact XRP. Investors should consider current market conditions.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Recent Drop of the US Dollar and Its Impact on Global Finance

chest

Exploring the reasons behind the recent drop of the US Dollar and its effects on currency and crypto markets.

user avatarGiorgi Kostiuk

Shiba Inu (SHIB) Reaches New Levels, Showing Strong Growth

chest

Shiba Inu (SHIB) has surpassed $0.0000125, signaling a rise in interest among traders and token accumulation.

user avatarGiorgi Kostiuk

Cryptocurrency Market Recovers, SUI Gains Popularity with 9.74% Rise

chest

The cryptocurrency market shows positive dynamics, with SUI rising by 9.74% and reaching $3.20.

user avatarGiorgi Kostiuk

Dogwifhat (WIF) Exhibits Strong Upward Trends and Trading Volume Growth

chest

Dogwifhat (WIF) has risen 14% in the last 24 hours, reflecting increased trader interest and strengthening technical indicators.

user avatarGiorgi Kostiuk

Bitcoin Hits New Record Due to U.S. Demand

chest

Bitcoin reached a new all-time high of $112,014 driven by high demand from American investors.

user avatarGiorgi Kostiuk

Bitget Burns 30 Million BGB Tokens Worth $138 Million

chest

Bitget burns 30 million BGB tokens, enhancing their value and scarcity. This is the largest token burn in the company's history.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.