XRP recovered 4.59% to reach $2.3140 as several major investment firms, including Canary Capital, Bitwise, Franklin Templeton, and 21Shares, filed amended S-1 forms. These filings aim to circumvent SEC delays caused by the government shutdown, positioning the firms for potential product launches in November.
Meanwhile, XRP continues to trade below key moving averages, raising concerns among traders about a possible “death cross” pattern forming. This technical indicator could signal further downward momentum for the token.
As the market experiences post-Swell volatility, traders are closely watching for confirmation of the XRP death cross and evaluating the token’s next move.
The post XRP Price Prediction: Post-Swell Volatility – Traders Watch for Confirmation of the XRP Death Cross and Next Move appeared first on Cryptonews.
https://cryptonews.com/news/xrp-price-prediction-post-swell-volatility-traders-watch-for-confirmation-of-the-xrp-death-cross-and-next-move/
