city Santimentthe city Santimentaddress Lowe's XRP Action city Santimentthe city Santimentaddress

Can XRP garner enough buying volume for a bullish bounce back

Reading now: 112
ambcrypto.com

XRP has retraced back to its mid-June lows after a rally attempt that yielded an almost 30% upside. However, the short-lived rally gave way to a substantial bearish retracement, undoing the gains.XRP traded at $0.31 at press time after a 15% downside in the last seven days.

The bearish retracement has pushed it back to mid-June price levels where it bottomed out. This means that the press time price action is retesting last month’s support levels.Source: TradingViewXRP’s declining sell pressure suggests the likelihood that the $0.30 support level might hold and potentially trigger another upside.

Read more on ambcrypto.com
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
DMCA