XRP's 'Diamond Resistance' Plays Out Again: Crypto Market Review, November 14

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$XRP is on strong recovery path, thanks to the $40 billion inflow into the industry

is slowly recovering as the majority of assets are returning to normal, institutional investors are counting their losses and fear no longer drives sentiment.At some point, XRP's behavior on the market seemed worrisome, considering the failed reversal attempt on Nov. 11 and the continuation of the downtrend on the weekend. However, after reaching the strong support level for the second time, bulls have pushed the coin's value upward, avoiding a further crash.entered back in July.

The most likely reason behind the lack of strength on ADA is the poor state of the asset on the market in general: Cardano is notorious for one of the lowest profitability rates across the top 100 on the market and relatively low volatility in rangebounds.

 

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