XRP Price Faces Critical Test
XRP price drops 2.9%, testing support level at $1.50.
The XRP price has declined by 2.9% in the past day, putting pressure on the cryptocurrency to reclaim its critical support level of $1.50. If it fails to do so, further decline is likely. According to XRPSync's verified data, the current price stands at 1.4841 RLUSD, with a 24-hour change of -0.70%. The 24-hour on-ledger volume remains relatively high at 4,150,322 XRP. Meanwhile, an analyst suggests that clearing a key technical indicator could lead to a potential price range of $1.80-$1.90 for XRP. However, this is still speculative and dependent on the cryptocurrency's ability to overcome its current challenges.
Sources
CR Cryptonewscryptonews.com CR CryptoPotato
cryptopotato.com
XRPSync is independent and not affiliated with Ripple Labs, Inc. · Not financial advice.