Community Articles

via BeInCrypto · By Jakub Dziadkowiec

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

XRP

XRP/USDT

$1.4141
+0.66%
24h Volume

$1,198,863,573.31

24h H/L

$1.4327 / $1.4012

Change: $0.0315 (2.25%)

Long/Short
74.1%
Long: 74.1%Short: 25.9%
Funding Rate

+0.0020%

Longs pay

Data provided by COINOTAG DATALive data
Ripple
Ripple
Daily

$1.4175

0.37%

Volume (24h): -

Resistance Levels
Resistance 3$1.6185
Resistance 2$1.5472
Resistance 1$1.4461
Price$1.4175
Support 1$1.3872
Support 2$1.3098
Support 3$1.1934
Pivot (PP):$1.4114
Trend:Sideways
RSI (14):61.6
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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