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XRP (CRYPTO: XRP) is down over 2% on the day, but a prominent trader says the altcoin remains in an interesting spot.
Why XRP Is Looking Interesting
In a May 18 podcast, pseudonymous trader Cryptoinsightuk said Bitcoin (CRYPTO: BTC) still has not broken critical market structure despite rising bond yields, geopolitical tensions and weakening risk sentiment.
The trader said downside liquidity sits in the low $60,000s, but current liquidity maps still heavily favor upside price attraction toward higher levels first.
The XRP setup is where the analysis turns more aggressive.
The …
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