hello, welcome to this XRP/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- XRP, formerly Ripple, had significant declines on Friday, falling to a multi-month low of its own.
After climbing to a high of 0.5852 on Thursday, XRP/USD dropped to an intraday low of 0.4681 later in the session.
The move saw XRP dive to its weakest point since May 16, when the price traded around the 0.4300 region.
This drop saw the token marginally break out of a critical support point at 0.4600, wiping out all gains accrued following the ripple ruling.
price strength is now oversold, which prompted bulls to reenter, pushing XRP slightly higher.
the token is trading at 0.5087.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
CHART ANALYSIS:- XRP, formerly Ripple, had significant declines on Friday, falling to a multi-month low of its own.
After climbing to a high of 0.5852 on Thursday, XRP/USD dropped to an intraday low of 0.4681 later in the session.
The move saw XRP dive to its weakest point since May 16, when the price traded around the 0.4300 region.
This drop saw the token marginally break out of a critical support point at 0.4600, wiping out all gains accrued following the ripple ruling.
price strength is now oversold, which prompted bulls to reenter, pushing XRP slightly higher.
the token is trading at 0.5087.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
