After a 16% decline, XRP is hovering around $1.79.
The 24-hour trading volume has jumped by 242%.
Sustained bearish pressure has pulled the entire crypto market cap down to $2.48 trillion, down by a 6.92% fall. The dramatic drop has sparked losses in assets, with Ripple’s XRP taking the worst hit, plummeting by a steep 16.06%.
XRP continued to fail to reach the ATH after multiple recovery attempts. The asset’s key support and resistance levels have a pivotal role in the price trajectory.
XRP price chart (Source: CoinGecko)
In the early hours, the asset traded at a peak of $2.13, and the bears took control. At the time of writing, XRP traded at $1.79, with its daily trading volume reaching $7.28 billion. Notably, the XRP market has witnessed a $40.61 million liquidation during this period.
Over the last seven days, XRP lost around 16%. The asset began the week trading at $2.10 and hit a weekly high of $2.18. Gradually, the bearish pressure took the price to
We współpracy z: https://thenewscrypto.com/xrp-sinks-over-16-will-the-slide-continue-below-1/
