The fifth-largest cryptocurrency by market cap, XRP, has decoupled from Bitcoin's price movement, falling 0.6% to $1.34, while Bitcoin has moved upward against the trend. XRP's 24-hour trading volume surged 25.11% to $3.33 billion, likely driven mainly by large holdings. Despite the increase in trading volume, XRP still faces ongoing downward pressure, having fallen more than 19% over the past month. Analysts point out that XRP must stay above $1.40 to reverse the current downtrend. Their March outlook indicates that if positive momentum continues, XRP could rebound by 16.5%.
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The fifth-largest cryptocurrency by market cap, XRP, has decoupled from Bitcoin's price movement, falling 0.6% to $1.34, while Bitcoin has moved upward against the trend. XRP's 24-hour trading volume surged 25.11% to $3.33 billion, likely driven mainly by large holdings. Despite the increase in trading volume, XRP still faces ongoing downward pressure, having fallen more than 19% over the past month. Analysts point out that XRP must stay above $1.40 to reverse the current downtrend. Their March outlook indicates that if positive momentum continues, XRP could rebound by 16.5%.