Ripple (XRP) has maintained the $1.41 support as the broader cryptocurrency market retraced over the last 24 hours. The remittance token was rejected at its weekly high of $1.46 on Wednesday, but could try again as buyers look to step in. Growing demand backs XRP’s bullish structure XRP is the second-best performer among the top 10 cryptocurrencies by market cap despite being up by less than 1% in the last 24 hours. The positive performance has allowed XRP to maintain the $1.41 support level in the near term and is currently trading at $1.43. XRP’s performance over the past few days is backed by growing retail and institutional demand. According to CoinGlass, spot XRP ETFs recorded an inflow of $3.
Source: Read the original article
