XRP Price Recovery in Focus – Can It Overcome Selling Pressure?
XRP price is attempting to recover from the $2.70 zone. The price is now moving higher and might gain pace if it clears the $2.850 resistance. XRP price is attempting to recover above the $2.750 resistance. The price is now trading below $2.850 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2.820 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to decline if it stays below the $2.850 zone. XRP Price Eyes Recovery XRP price started a fresh decline below $2.880, like Bitcoin and Ethereum. The price....
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After surging above the $0.51 mark on Monday, the XRP price has been on a decline once more. This has seen the asset drop back below $0.49 as obvious selling pressure continues to mount on the altcoin. The major focus of holders has been on where this sell pressure is coming from and a number […]
Bitcoin is trading below the $100K mark after a rollercoaster of a week, marked by intense volatility and sustained selling pressure. Last Sunday, the cryptocurrency faced extreme market turbulence, dropping over 9% in less than 24 hours. While BTC managed a recovery bounce on Monday, the selling pressure has not subsided, leaving the market uncertain […]
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