Markets

XRP Tests $2.40 Base After 6% Swing; Eyes $2.65 Breakout Level

The $2.40–$2.42 support zone is crucial for XRP, with buyers defending this level amid volatile trading conditions.

Heavy deleveraging across derivatives markets drags XRP lower before buyers defend the $2.40 zone, setting up a key support retest heading into Asia trading.

News Background

XRP traded sharply lower through the October 14–15 session as macro pressure and broad crypto deleveraging sent open interest down 50% to $4.22 billion…. 

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