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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

$0.9994

-0.30%

$0.9994

-0.30%

(24s)

24h Volume

$238,459,603.42

24h H/L

$1.0068 / $0.9972

Change: $0.009600 (0.96%)

Long/Short

78.5%

Long: 78.5%Short: 21.5%

Funding Rate

-0.0005%

Shorts pay

Data provided by COINOTAG DATALive data

Ripple

Daily

$1.0001

▼ -0.27%

Volume (24h): -

Resistance Levels

Resistance 3$1.0365

Resistance 2$1.0175

Resistance 1$1.003

Price$1.0001

Support 1$0.9869

Support 2$0.8330

Support 3$0.7530

Pivot (PP):$1.003

Trend:Downtrend

RSI (14):35.4

CoinDesk Staff

(06:41 AM UTC)

1 min read

Approved byEmily Watson

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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…

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Source

CoinDesk Staff · CoinDesk

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