XRP Continues Its Massive 30% Run as Ripple Has More Success in Court: Crypto Market Review, September 22

, which is why the spotlight of the most profitable cryptocurrency on the market has been taken from assets like LDO.

In the last few days, the trading volume on XRP rose to around 1 billion, which is a value the market has not seen for the last four months, especially in a positive way. Back in May, more than 1 billion of coins were circulating on centralized exchanges, unfortunately, because of the enormous selling pressure that appeared on the market.

In one of our recent articles, we mentioned how XRP could be aiming at new highs, but it will not be able to cover the loss investors faced after purchasing the asset around local highs.According to data recently shared by Bloomberg and covered by U.Today, Ethereum is facing serious issues from a technical analysis standpoint and might plunge even lower in the short-term perspective.

But at the same time, Bloomberg's analysis is based on the short-term performance of the cryptocurrency, as we mentioned in the original article, Ethereum's consolidation periods may reach 30 days, and a reversal from the oversold zone usually takes from two weeks up to a month.

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