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XRP Sits at $1.40: Nobody Wants to Sell, Nobody Wants to Buy

Published Source: BeInCryptoRead original

Crypto Insight Summary: Ripple released 1 billion XRP from escrow at the start of September, and by the end of the day, only 300 million sat outside new time locks. XRP price still holds near $1.40. The headline sounded bearish. The ledger says less happened than it looked. Ripple Released a Billion, Then Re-Locked 700 Million Three old Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: Escrow release and re-locking is routine for XRP, with minimal market impact.

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XRP Sits at $1.40: Nobody Wants to Sell, Nobody Wants to Buy — Crypto Insight