XRP slid by 2.43% on Tuesday, April 29, reversing Monday’s 1.88% gain to close at $2.2393. The token underperformed the broader crypto market, which dropped 0.85% to a total crypto market cap of $2.91 trillion.
Over the near term, several factors will influence XRP price trends:
Progress toward a Ripple-SEC settlement and appeal withdrawal.
XRP-spot ETF-related news.
Broader market forces such as Federal Reserve policy and US-China trade developments.
XRP has near-term support at $2.10. A move above $2.50 could set the stage for a return to $3 and potentially its all-time high of $3.5505.#Write2Earn
