The continuation of Bitcoin (BTC) downtrend has seriously shaken altcoins. Facing selling pressure, XRP has lost 15.23 percent in the last five days.
SECshining through with the positive developments in his case. XRP was once again on the agenda of the crypto market. Reaching $0.54, the major coin has almost doubled its price since January. Bitcoin ( BTCThe fact that it could not hold at $30,000 and fell, has seriously affected many altcoins, and especially XRP.
Can XRP, which is currently at $ 0.462, be able to return the Ripple ecosystem to its glorious times?
Ripple (XRP) Chart Analysis
XRP, which has lost nearly 16 percent in value in the last five days price indecision continues. It also finds buyers below the weekly and daily openings. in the near future Support at $0.44XRP running on net, in case this value breaks It could ease as low as $0.422.
In scenarios where the strong side in the XRP-SEC tension is XRP or the crypto market is trending upwards, big rises can be expected in XRP. These rises can be encountered obstaclesrespectively, $0.4710 – $0.4863 – $0.5016 – $0.5269levels can be.
