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via CoinDesk · By CoinDesk Staff

XRP price analysis: Ripple-linked token falls 4% on bitcoin-led market weakness

XRP

XRP/USDT

$1.0985

+0.97%

$1.0985

+0.97%

(24s)

24h Volume

$337,776,462.34

24h H/L

$1.108 / $1.0855

Change: $0.0225 (2.07%)

Long/Short

75.9%

Long: 75.9%Short: 24.1%

Funding Rate

+0.0040%

Longs pay

Data provided by COINOTAG DATALive data

Ripple

Daily

$1.101

▲ 0.30%

Volume (24h): -

Resistance Levels

Resistance 3$1.2151

Resistance 2$1.1646

Resistance 1$1.1189

Price$1.101

Support 1$1.0975

Support 2$1.0535

Support 3$1.0092

Pivot (PP):$1.0971

Trend:Downtrend

RSI (14):47.7

CoinDesk Staff

(06:41 AM UTC)

1 min read

Approved byEmily Watson

1284 views

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XRP falls 4% below $1.30 as bitcoin-led market weakness pulls down majors

XRP hit fresh 15-week lows after losing a key support zone, with exchange outflows failing to offset persistent selling pressure.

XRP finally lost the $1.30 area traders had been defending for weeks, and the breakdown came on the heaviest volume of the session. Tokens continue leaving exchanges, which normally points to…

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

CoinDesk Staff · CoinDesk

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