XRP $1 Support Under Pressure as August Begins: What Happens Next?

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XRP held above the $1.02 support throughout July, finishing the month up 2.18 %. The price is currently testing the range between $1.05 and $1.06, with close attention on the $1.00 support level. Resistance levels sit at $1.21 for the 50-week moving average and $1.80 for the 200-week moving average. Five XRP Ledger protocol upgrades are planned for August, including Confidential MPT, Batch, Permission Delegation, Sponsored Fees and Reserves, and Dynamic MPT. The xrpld 3.3.0 version incorporating these amendments is expected next week.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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