XRP Price Analysis

XRP price has continued its bearish consolidation as Ripple community investors weigh the impacts of the recent Bybit hack. Despite some visible trends, XRP has maintained its price drawdown and has stayed above the $2.5 mark amid massive selloff.

According to the crypto technical analysis platform More Crypto Online, the coin remains neutral and indecisive. This outlook has introduced a major twist in the expectation that the coin could hit $250 in the long term.