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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

$1.5561

+0.88%

$1.5561

+0.88%

(24s)

24h Volume

$3,060,578,261.53

24h H/L

$1.63 / $1.5357

Change: $0.0943 (6.14%)

Long/Short

72.5%

Long: 72.5%Short: 27.5%

Funding Rate

+0.0031%

Longs pay

Data provided by COINOTAG DATALive data

Ripple

Daily

$1.5516

▼ -1.07%

Volume (24h): -

Resistance Levels

Resistance 3$1.894

Resistance 2$1.6999

Resistance 1$1.5701

Price$1.5516

Support 1$1.5151

Support 2$1.394

Support 3$1.2954

Pivot (PP):$1.5725

Trend:Uptrend

RSI (14):62.3

CoinDesk Staff

(06:41 AM UTC)

1 min read

Approved byEmily Watson

0 comments

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…

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Source

CoinDesk Staff · CoinDesk

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