The post XRP at Make-or-Break Level, Can It Hold $2.15? appeared first on Coinpedia Fintech News
XRP, the native token of Ripple Labs, is making waves amid ongoing market uncertainty. Over the past few days, the overall cryptocurrency market has faced downside momentum.
XRP Current Outlook
Despite this, XRP has held its crucial support level at the $2.15 mark for the last five trading days. Meanwhile, major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE), have experienced a notable price decline during the same period.
The potential reason behind XRP’s ability to maintain its support level is the continuous support and confidence from investors and traders, as reported by on-chain analytics firm Coinglass.
$407 Million Worth XRP Outflow
Data from XRP spot inflow/outflow revealed that exchanges across the cryptocurrency landscape had witnessed an outflow of a significant $407 million worth of XRP in the past six days. During this period, e
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