XRP stuck at $1.40: will bulls break key resistance or fade again?

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The cryptocurrency market is having a positive start to the week as Bitcoin and other major coins are in the green. Bitcoin hit the $81,000 level during the early hours of Tuesday, while Ether is slowly approaching $2,400. However, XRP, the native coin of the Ripple ecosystem, continues to experience sideways price action. XRP is trading at $1.40 amid mixed signals from on-chain activity and derivatives positioning that point to a lack of clear directional bias. On-chain activity shows mild bullish signs XRP is down by less than 1% in the last 24 hours and is now trading at $1.40 per coin. The bearish performance comes despite CryptoQuant’s summary data suggesting a neutral to slightly bullish outlook for XRP.

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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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