XRP broke $0.90 overnight. The bid that took it back came out of Asian hours.
It printed $0.8930 on Binance — the lowest since November 2024 — on $266M of spot volume, then recovered ~7% to hold above $0.95. At -4.2% it is sitting better than ETH (-5.8%) and SOL (-7.1%).
Macro de-risking, not an XRP problem: CME FedWatch prices a Dec Fed hike at 88.5%, and ~$1B of leveraged longs were liquidated in 24h. XRP capitulated first, then found buyers through the Tokyo and Hong Kong morning.
The level traders are watching on $XRP is a reclaim of $1.00. $TRX is the defensive tell — down just 1.9% on a 2.95% range — while $DOGE wears -8.4%. Separately: Upbit and Coinone suspended KAVA transfers over a security flag — handle small caps with care.
Japan and Korea desks — buying the XRP reclaim, or parked in TRX into Dec 9?
#Write2Earn #Altcoins #仮想通貨 #알트코인 #加密货币
Not financial advice. DYOR.
It printed $0.8930 on Binance — the lowest since November 2024 — on $266M of spot volume, then recovered ~7% to hold above $0.95. At -4.2% it is sitting better than ETH (-5.8%) and SOL (-7.1%).
Macro de-risking, not an XRP problem: CME FedWatch prices a Dec Fed hike at 88.5%, and ~$1B of leveraged longs were liquidated in 24h. XRP capitulated first, then found buyers through the Tokyo and Hong Kong morning.
The level traders are watching on $XRP is a reclaim of $1.00. $TRX is the defensive tell — down just 1.9% on a 2.95% range — while $DOGE wears -8.4%. Separately: Upbit and Coinone suspended KAVA transfers over a security flag — handle small caps with care.
Japan and Korea desks — buying the XRP reclaim, or parked in TRX into Dec 9?
#Write2Earn #Altcoins #仮想通貨 #알트코인 #加密货币
Not financial advice. DYOR.
