Can XRP weather the harsh market with a surge? Key indicators show…

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 68%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Ripple saw a decline, just like the rest of the market, but its decline was minimal compared to other top assets.

Ripple exhibited relative resilience in a general market downturn, with a smaller 5% decline, and large wallet holders continue to accumulate. appeared to fare better than many other assets. Despite this relative resilience, indicators revealed that market sentiment was moving in the opposite direction of XRP’s price. on a daily time frame by AMBCrypto revealed a pattern of declines, with the most significant occurring on August 2nd—a drop of 6.13%.

The analysis highlighted that the long-moving average acted as a strong support level at around the $0.54 price range.As of the latest data, XRP has shown signs of recovery, rebounding by almost 2% and currently trading at around $0.57.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in CA

Canada Canada Latest News, Canada Canada Headlines