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XRP bull trap lurks below $2.95 — Will altcoin traders take the bait?

January 29, 2025 by DIGIT
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An XRP price drop below $2.95 could be a bull trap to collect downside liquidity, but the same scenario could be followed by a 45% rally to new highs.

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  • bitcoinBitcoin(BTC)$89,207.00-0.17%
  • ethereumEthereum(ETH)$2,950.530.31%
  • tetherTether(USDT)$1.00-0.03%
  • binancecoinBNB(BNB)$886.64-0.29%
  • rippleXRP(XRP)$1.91-0.17%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$126.96-0.13%
  • JUSDJUSD(JUSD)$1.000.02%
  • tronTRON(TRX)$0.295422-0.25%
  • staked-etherLido Staked Ether(STETH)$2,949.400.25%
© 2026 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$89,207.00-0.17%
  • ethereumEthereum(ETH)$2,950.530.31%
  • tetherTether(USDT)$1.00-0.03%
  • binancecoinBNB(BNB)$886.64-0.29%
  • rippleXRP(XRP)$1.91-0.17%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$126.96-0.13%
  • JUSDJUSD(JUSD)$1.000.02%
  • tronTRON(TRX)$0.295422-0.25%
  • staked-etherLido Staked Ether(STETH)$2,949.400.25%