Analytics

What’s Next for XRP Price After the Breakdown of 15-Month Support?

Last weekend was aggressively bearish in the cryptocurrency market attributed to geopolitical tension between Iran and Israel. Bitcoin plunged to a low of $61500 and prolonged correction of the majority of altcoins including XRP. Within a week, the XRP price fell from $0.643 to $0.49, registering a 24%. This downtick breached below the support of a long-coming trendline indicating the potential for further downfall.

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