DeepSnitch AI Raises $210K, XRP Tests $3
The post DeepSnitch AI Raises $210K, XRP Tests $3 appeared on BitcoinEthereumNews.com.
XRP struggled to hold above the $3 line on September 16, sounding off warning signs for investors. After breaking $3 on September 11, XRP continued pumping to $3.18 before dropping back into the $2.95 area. Although bullish on paper, failure to defend the $3 position indicates whales are selling off XRP, which could signify increased downturn risk. As the wider market braces for a possible rally if Fed rate cuts materialize, DeepSnitch AI raises $210K leading some traders to believe it is the best crypto presale of the season and may allow for 100x gains for early investors. Still in its first stage and priced at $0.01667, DeepSnitch AI is committed to developing a sophisticated crypto analytics suite driven by five sophisticated AI agents. Will XRP hold out above the $3 level? On September 16, XRP traded at $3 after bouncing back from a slight dip below the critical trendline, according to CoinMarketCap. Although bullish, XRP logged a series of smaller tests throughout the day, with the bulls struggling to keep the price above $3. Analysts warn that failing to secure the position could potentially sink XRP to the $2.70 support line. On the other hand, fully reclaiming the area, traders might be able to support the upper trajectory, potentially pushing the token to $3.20. A successful pump may eventually result in a spike to $3.66. According to Cointelegraph, whales have already offloaded $476M worth of XRP in the last few weeks, which could reverse the bullish momentum. Either way, Fed rate cuts are expected to infuse extra liquidity into the market, meaning that XRP may also perform well on September 17 and beyond. It’s also worth pointing out that XRP traders are also expecting XRP ETF approvals, which may help solidify this crypto’s recovery. Since the long-term prospects of…
Filed under: News - @ September 18, 2025 8:27 pm