Ripple (XRP) is trading near $1.48 on Friday, down roughly 3% from its monthly peak around $1.51. The token’s recovery remains subdued as risk-off sentiment and softening institutional demand weigh on the market. Similar to the broader crypto market, XRP has maintained its support level following Thursday’s selloff. The bulls could now push the price higher in the near term, with $1.50 still the major resistance level ahead. XRP remains undervalued XRP is up by 2% in the last 24 hours and is now trading at $1.47, as per data from crypto trading platforms. The positive performance comes as the broader crypto market recovers from its recent selloff. The XRP on-chain Z-Score metric extended its decline to 0.
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