CandleFocus XRP climbs as new tokens issued on Ripple’s XRP Ledger hit a new all-time high
2024-10-25
Author: Content Editor
Ripple's native token, XRP, has experienced a 1.05% increase in value, trading at $0.5312. Recent data shows that the number of tokens issued on the XRP Ledger has reached a new all-time high. Despite being in a downward trend since its peak in March, technical indicators suggest potential price gains for XRP. The altcoin could see a rally of nearly 5%, testing resistance at $0.5550. However, if the price closes below $0.5000, it could invalidate the bullish outlook and potentially fall to a key support level at $0.4780.
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