XRP has seen a 9% decline in the past 24 hours, reflecting a general market downtrend. The decline comes amid a muted reaction to Donald Trump's Strategic Bitcoin Reserve and the White House Crypto Summit. XRP's open interest in futures trading has also dropped by 3%, indicating a decline in market participation. The token's funding rate has been consistently negative, signaling increased demand for short positions and bearish sentiment. The negative Balance of Power indicates low demand for XRP, and if demand weakens further, the price could drop to $1.47. However, if the market turns bullish, XRP could rally past $2.93 and reclaim its all-time high of $3.40.



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