XRP's Volatility: What's Next for Ripple's Price?
TL;DR Summary
XRP's price dropped by over 11% in the last 24 hours, failing to test a 6-year pattern and raising concerns of being overvalued. Market indicators suggest a possible trend reversal, but the ongoing global geopolitical instability and the Middle East conflict may keep crypto prices bearish. Support levels indicate potential further decline to $0.46 or $0.42, with a bull rally possible if the token tests the support.
- XRP fails to test 6-year pattern, ‘overvalued’ concerns rise: More decline? AMBCrypto News
- Attention Traders: XRP Breaks Multi-Year Consolidation, May Drop Below $0.3 if This Trade Plays Out Well Coinpedia Fintech News
- Why XRP price might jump 70% vs. BTC after the Bitcoin halving Cointelegraph
- XRP News Today: Ripple Sinks After Iran Attack; SEC Case, Senate Race Also in Focus FX Empire
- Most Brutal XRP Price Drop in Years, Is Ethereum (ETH) About to Lose $3,000? Is Bitcoin (BTC) Really Doomed? U.Today
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