Recent developments in the cryptocurrency market have been exciting, with The Polygon (MATIC) transformation and constructive price action around Ripple (XRP). The most discussed currently is the testnet launch of the hybrid platform DTX Exchange (DTX). This testnet launch is a testimonial of the DTX platform’s future growth and sustainability.
Ripple (XRP) and Poygon (MATIC) are established large caps names that make the upside capped for these coins, while DTX Exchange is a small-cap coin with higher potential than top altcoins in the market.
Ripple (XRP) Taking Support From The $0.55 Level
Ripple (XRP) is consolidating after the 50% move in mid-July, and the price is trading in the zone. During this consolidation phase, Ripple (XRP) has taken support thrice from the $0.55 level and is again trying to push off from the same level. 50- and 200-period moving averages also hover neatly at the low price of the ripple.
This support in Ripple (XRP) is crucial because it is
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