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via DLNews · By DLNews Staff

XRP held back by ‘two forces’ analyst says as traders bet on price to plunge

BTC

BTC/USDT

$62,470.00

-2.47%

$62,470.00

-2.47%

(24s)

24h Volume

$18,973,761,421.28

24h H/L

$64,445.19 / $62,272.07

Change: $2,173.12 (3.49%)

Long/Short

66.3%

Long: 66.3%Short: 33.7%

Funding Rate

-0.0004%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,455.20

▼ -0.80%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$64,767.31

Resistance 1$62,935.35

Price$62,455.20

Support 1$61,834.17

Support 2$60,268.58

Support 3$52,679.32

Pivot (PP):$62,627.31

Trend:Downtrend

RSI (14):33.8

DLNews Staff

(03:26 PM UTC)

1 min read

Verified byEmily Watson

1268 views

0 comments

Ripple has a lot going for it.
But the cryptocurrency linked to the company isn’t doing well.
What’s holding XRP back?

XRP has a lot going for it.

The cryptocurrency is intimately linked to Ripple, the company whose founders developed it, and the venture’s fortunes.

But despite Ripple having notched several big wins over the past year, XRP is still trading 62% below its $3.65 record high from July.

“XR…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

DLNews Staff · DLNews

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