$XRP The Ripple currency faced significant selling pressure today, and its failure to hold above the $2.12 level indicates that major investors are abandoning their positions instead of accumulating them, undermining the short-term trend. The price of XRP rose by 0.5% to reach $2.0925 in trading on Tuesday, but it underperformed the broader cryptocurrency market by about 1.77%.

Although trading volume was about 38% higher than the weekly average, indicating the entry of financial institutions, this liquidity did not contribute to creating a sustainable upward trend. The price of XRP rose to $2.17 after breaking through the resistance level at $2.12, but it soon faced heavy selling and retraced. Data shows that 189.7 million tokens were traded during this move, which typically corresponds to distribution patterns at extreme price boundaries.#BTCVSGOLD #USChinaDeal #FOMCWatch