XRP is attempting to recover from this weekend’s market capitulation after a price increase of approximately 7% from this week’s low.The cryptocurrency encountered resistance at $0.22 yesterday and quickly retraced back to the current price of $0.207.Against Bitcoin, XRP also recovered remarkably well as it swings back above 2650 SAT from a closing price beneath 2525 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.20, $0.195, $0.19.Resistance: $0.22, $0.227, $0.235.XRP/BTC:Support:...
Read More »Investors Hint at XRP’s Dominance Against Bitcoin Amid XRP’s Sudden Price Surge
Ripple‘s XRP token has been one of the poorest performers in the top ten cryptocurrencies in the market. XRP has shed more than 60% of its market cap year-to-date. However, XRP price’s sudden surge over the last few days has drawn investor attention back to the third-largest cryptocurrency.If we look at the weekly chart of CoinMarketCap, we can see that XRP has jumped by over 10% in just the last three days. At press time, XRP is trading at $0.27 with a market cap of just above $12...
Read More »