Ripple-linked XRP slips amid bitcoin profit-taking, ETF delay
CoinDesk·3h ago·Neutral
What Happened
XRP declined Wednesday as bitcoin experienced profit-taking near $80,000, with sellers blocking price recovery at resistance levels. GraniteShares postponed its 3x leveraged crypto ETF launch, including XRP products, to May 7, removing a near-term catalyst. XRP tested $1.44 resistance but failed to sustain gains, slipping toward $1.42 amid broader crypto market consolidation.
Key Entities
XRPBitcoinGraniteSharesCrypto ETF$1.44 resistance$1.42 level