From Coinpedia · By Anjali Belgaumkar
A trader’s bearish call for XRP to fall to around $0.99 is looking stronger after the token dropped about 10% since it was posted, Santiment reported. The call is invalidated if XRP closes above $1.36. XRP still needs to fall roughly 17% more to reach the target, putting its current price near $1.19. Santiment noted that the move came as the whole crypto market sold off, so timing may have played a part. Wallet data adds weight to the bearish view. Among the most profitable XRP wallets, only one holds a long position, and it has been inactive since August. Three active short sellers have added about 2.1 million XRP since late October. All traders who bet against the call on Santiment’s Score platform are currently losing. The prediction resolves on November 19.
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TagsCrypto news Ripple (XRP)