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%
$0.9980
-0.49%
(24s)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
JD
Jakub Dziadkowiec(10:30 PM UTC)
1 min read
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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