Community Articles

via BeInCrypto · By Jakub Dziadkowiec

XRP Faces Critical Test as Uganda Genomic Pilot Meets Binance Liquidity Drought

XRP

XRP/USDT

$0.9980
-0.49%
24h Volume

$260,982,633.85

24h H/L

$1.0068 / $0.9972

Change: $0.009600 (0.96%)

Long/Short
78.7%
Long: 78.7%Short: 21.3%
Funding Rate

-0.0015%

Shorts pay

Data provided by COINOTAG DATALive data
Ripple
Ripple
Daily

$1.0024

-0.04%

Volume (24h): -

Resistance Levels
Resistance 3$1.0365
Resistance 2$1.0175
Resistance 1$1.003
Price$1.0024
Support 1$0.9869
Support 2$0.8330
Support 3$0.7530
Pivot (PP):$1.003
Trend:Downtrend
RSI (14):35.9
JD
Jakub Dziadkowiec
(10:30 PM UTC)
1 min read
JM
Verified byJames Mitchell

XRP faces a three-way test this week. An XRPL pilot in Uganda just launched, Binance spot liquidity hit a January 2020 low, and the daily chart now compresses inside a tightening symmetrical triangle near key support.

The altcoin traded near $1.33 on May 26, down 2.1% on the day. Price now tests the lower trendline of a symmetrical triangle, where adoption news and weakening market structure…

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Source

Jakub Dziadkowiec · BeInCrypto

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