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XRP Price Forecast: Ripple's Open Interest Sheds $520M as XRP/ETH Hits One-Month Low

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Summary
Nutrition label

65% Informative

Ripple (XRP) price is under bearish pressure after shedding more than 8% of its value in the past week .

The XRP /ETH ratio has plunged to its lowest level in a month .

Analysts believe that Ripple needs to decline below $ 2 before the next bullish leg past $ 3.10 .

XRP price has been underperforming against other top altcoins, especially Ethereum .

VR Score

45

Informative language

33

Neutral language

34

Article tone

formal

Language

English

Language complexity

43

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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