bears dominated the market last week as its price dropped during that period. Things could get worse for the token as a bearish pattern emerged on the token’s price chart.revealed that XRP witnessed a more than 3% price decline over the last seven days. At the time of writing, the token was trading at $0.519 with a market capitalization of over $28.7 billion, making it the seventh largest crypto.
If bears keep control, then a southward breakout might happen soon. If that turns out to be true, then investors might witness the token’s price drop to $0.477.To understand whether the possibility of a price decline was likely, AMBCrypto analyzed the token’s on-chain metrics. As per our analysis of Santiment’s data, XRP’s social volume remained high, reflecting its popularity in the crypto space.revealed that XRP’s long/short ratio registered a decline in the 4-hour timeframe.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:
Portugal Últimas Notícias, Portugal Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
XRP’s unusual token activity – Assessing its potential market impactIn less than two weeks, XRP's Age Consumed metric has resurrected from major lows three times. The first time was on 16 May when the metric..
Fonte: CryptoAmb - 🏆 22. / 68 Consulte Mais informação »
Stock market today: Dow leads stock market slide as rising Treasury yields rattle nervesA spike in Treasury yields has unsettled investors already weighing whether recent data will shift the needle on interest rates.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »
US labor market remains strong; housing market losing momentumThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Fonte: KitcoNewsNOW - 🏆 13. / 78 Consulte Mais informação »
Nvidia earnings, housing market outlook, BNPL regulatory pressure: Market DominationOn today's episode of Market Domination, Yahoo Finance hosts Julie Hyman and Josh Lipton break down the trading day's biggest stories and latest trends...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »
Financial market feud: Coinbase launches oil & gold futures, CME targets bitcoin spot marketThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Fonte: KitcoNewsNOW - 🏆 13. / 78 Consulte Mais informação »
Bull market 'still very young,' driven by strong earnings: market strategistOne market strategist says earnings are continuing to power recent gains in equity markets.
Fonte: BNNBloomberg - 🏆 83. / 50 Consulte Mais informação »