XRP Price Prediction: Ripple Token Spot Demand Hits Highest Since June

Share

XRP is trading around $1.10 to $1.12 after a 2% decline over the past day. Spot demand has reached its highest level since June, while derivatives traders remain cautious. Technically, XRP is struggling to hold above $1.14: the MACD still favors buyers, but the RSI indicator is in overbought territory. Institutional adoption narratives and ETF speculation continue to support medium-term prospects for XRP. Resistance near recent highs remains the level to beat before bulls can regain full market control.

Source: Read the original article

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.

Lire la Suite

Articles