Friday\u2019s flash crash was a shock event. Bitcoin\u2019s plunge from over $120,000 to below $110,000 surprised everyone, wiping out billions of dollars in leveraged trades and dragging everything down with it.<\/p>\n
Since then, we\u2019ve seen a shaky attempt at a comeback. Bitcoin managed to reclaim the $116,000 level, and altcoins tried to rebound. But the mood has shifted bearish once more after more worrying U.S.-China headlines.<\/p>\n
XRP (XRP) is struggling due to this headwind. Momentum was building yesterday, and the token\u2019s price was showing signs of strength. But selling pressure has kicked back in, forcing traders to rethink their XRP price prediction for the coming weeks.<\/p>\n
And with XRP looking weak again, some investors are shifting their focus to smaller, early-stage alts where the growth potential is higher. One name that keeps popping up is Maxi Doge (MAXI)<\/a> \u2013 a meme coin in presale that has raised over $3.6 million ahead of its DEX launch.<\/p>\n XRP\u2019s<\/a> rally attempt has completely fizzled out. The token is now trading around $2.47, down about 5% over the last 24 hours and more than 16% since last week. Trading activity has dried up, too. Spot trading volumes are down 18% from yesterday, and open interest<\/a> has dipped 6%.<\/p>\n Things were looking up for a moment. A brief recovery on Sunday and Monday lifted spirits, but China\u2019s retaliatory move has sent another wave of fear through the global markets. That\u2019s led to another round of crypto selling \u2013 and altcoins like XRP are suffering as a result.<\/p>\nXRP Faces Renewed Selling Pressure After a Brief Recovery<\/h2>\n