XRP experienced a drop in price after a brief period of sitting at 66 cents, losing most of its gains from late September. The current correction reflects the bearish market sentiment and the optimism from a few days ago has diminished. The key resistance level sits at 68 cents, and the key support level is at 54 cents. The daily MACD indicates a potential bearish cross, with the histogram favoring sellers. It is hoped that XRP can regain momentum and rise above 60 cents again soon.
- Content Editor ( cryptopotato.com )
- 2024-10-02
Ripple After the Crash: What’s Next for the XRP Price?