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XRP is trading at $1.04, down 1.38% over the past 24 hours, with price action remaining flat as the market waits for the US stock market to reopen. On the weekly timeframe, the longer-term trend remains technically bearish. No confirmed bottom or reversal signal has emerged yet from the larger bearish structure.

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Sharplink bought nearly 40,000 ETH last week after an eight-month pause, adding to signs the company has resumed its Ether accumulation strategy.

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Bitcoin RSI bullish divergences formed the basis for the new bull case, but some market takes warned that new BTC price lows were still to come.

 

Led by Dogecoin, meme coins currently account for 1.25% of the total value of the crypto market. Performance data for meme coins can be deceiving, given how they often launch at prices close to zero.