Browsing: poised

Ripple (XRP) rises above a short-term key support on Monday and trades around $1.37 at the time of writing. The remittance token upholds a broad bullish outlook, supported by steady institutional interest. Still, traders should temper expectations as momentum indicators cool following the recent rally that tagged highs of $1.70 on August 22.

The cryptocurrency market is broadly consolidating on Monday, with select assets posting modest gains. Bitcoin (BTC) remains resilient above $78,000 as investors anticipate a renewed push toward $80,000.