XRP Holds Near $1.38 as Short-Term Momentum Weakens

XRP traded near $1.38 early Oct. 13 as short-term momentum weakened and derivatives exposure increased. The token was at $1.38 at 3:31 a.m. ET (07:31 UTC), down 2.86% over 24 hours. Reported lows ranged from $1.31 to $1.32, with a high of $1.42. A separate reading placed XRP at approximately $1.37 at 1:55 a.m. ET (05:55 UTC), down 2.85%. XRP traded below its seven-day simple moving average at $1.39, its 50-day average at $1.43 and its 20-day average at $1.47. The token remained above its 200-day average at $1.28.