At the start of the week, Ripple’s XRP attempted to recover from the major crash on October 11, but its price condition remains 0 (ETH) and Solana (SOL) have also lost ground, and in the following lines, we will examine the most interesting aspects related to these three 1 Bleeds Out Again It has been exactly a week since Ripple’s cross-border token crashed below $2 during the crypto market 2 the following days, the bulls tried to stage a comeback and pushed the price above $2.60 on October 3 then, though, the bears came into charge again, and as of this writing, XRP trades at around $2.21, representing a 9% drop on a daily scale and a 21% plunge 4 Price,) continues to decline.
Currently, the leading digital asset is hovering at approximately $105,000, or 5% drop for the 5 the other hand, XRP perma bulls spread the news that Ripple has agreed to acquire the software company GTreasury for $1 billion. Some, like X Finance Bull, believe this could trigger a parabolic price increase for the token to $1,000 and 6 course, a target of such magnitude seems highly improbable as of now and even 7 Now for ETH? The second-largest cryptocurrency has plummeted to nearly $3,700, a 14% crash over the past 8 Price,) crossover on the weekly chart, reminding that the last time this happened, the price collapsed by 43% and 61%. Ted also chimed in, suggesting the asset will likely retest the next support region around $3,600.
“For Ethereum to gain strength, it needs to reclaim $4,000 really soon,” he 9 believe the bull run for ETH has yet to 10 to CryptoRover, Ethereum’s recent performance resembles Bitcoin’s from mid-2024, which later transpired into a massive rally. What’s Happening With SOL? The native token of Solana is also deep in red territory, crashing by 18% on a weekly scale and currently trading under $180. SOL Price,) Price Dump, Ethereum (ETH) Searches for Bottom, and More: Bits Recap Oct 17 appeared first on CryptoPotato .
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