Markets· ★★★· neutral·

Analysts split on XRP: Martinez sees $2, CryptoOnchain expects sideways trading

  • —XRP held support at $1.25 but made little progress on Monday
  • —Martinez: XRP Ledger transfer value rose to $49.7 billion
  • —XRP exchange reserves on Oct. 17 were above 99% of readings over the past year
  • —XRP open interest on Binance fell 15.8% between Oct. 4 and Oct. 17
Why it matters: Holding $1.25 will decide whether XRP recovers toward $2 or stays range-bound with heavy exchange supply overhanging the market.
Source: Crypto Insiders