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While XRP attempts to hold a crucial area, some analysts have pointed to key indicators that could dictate whether the recent pullback is temporary or marks the start of a deeper correction. Related Reading: Bitcoin Rally On The Line: Analyst Explains Why This Weekly Close Is Critical XRP Rally Faces Critical Resistance On Tuesday, XRP continued its recent decline, falling to the $1.35 area, its lowest level since late April.

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Traders are watching whether Washington's latest move on Iran could reduce market uncertainty and support crypto market recovery.

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Ether and the wider altcoin sector are struggling to keep pace with Bitcoin, according to a new report from JPMorgan.

 

Solana (SOL) is printing record on-chain derivatives volume—an unmistakable sign of growing activity across its trading stack—but the token is still struggling to hold the mid-$80s as traders run into stubborn technical resistance. As of May 20 at 10:58 p.m.