While the crypto market focuses its attention on bitcoin and ETFs, XRP quietly begins to attract technical analysts again. For several months, Ripple's token has been evolving in a historical support zone already observed before its previous rallies.
XRP has moved from a deleveraging panic to a fragile base-building phase, and the question of when the next all-time high will return hinges on catalysts that have yet to show up in price. The asset trades around $1.42 on CryptoSlate's live XRP page today, May 7, with a market value near $87.
BitMine may slow ETH purchases as Tom Lee says the firm could reach its 5% Ethereum supply goal within weeks. BitMine may slow ETH buying pace as it nears 5% supply goal.