XRP drop 6% as Bitcoin, Ethereum dey rally; Traders dey see rebound
XRP drop like 6% last week, market cap fall reach $185.3 billion and price dey around $3.12. Bitcoin gain 1.9%, climb reach $118,850, Ethereum sharp increase 19.1% to $4,646. Quick 7% drop for XRP inside 15 minutes—because one U.S. inflation report—quick recovery for one key Fibonacci support. Traders see the dip as liquidity clean-up no be long-term fall. Despite the wahala, investors dey optimistic about XRP recovery. Market experts talk say Bitcoin and Ethereum strong play don boost confidence for altcoins. Short-term trading plan go depend on technical levels and coming economic data. The crypto market big recovery mean good chance for XRP price to bounce back.
Bullish
Even wid 6% weekly dip, XRP fast comeback for one key Fibonacci support and strong gains for Bitcoin and Ethereum don keep di bullish feeling dey. Traders dem see dat short 7% drop as liquidity cleanse, no be trend change, like for past times where quick sell-offs come before strong rise. For short time, technical levels and di data wey U.S. go show soon go direct trading moves. For long term, steady macro support plus fresh altcoin momentum mean say XRP fit regain ground and get new trading interest.