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via CoinDesk · By CoinDesk Staff

XRP price news: What next for Ripple-linked token as it sinks to four-month lows

XRP

XRP/USDT

$1.5489
+0.97%
24h Volume

$3,091,244,778.49

24h H/L

$1.63 / $1.5335

Change: $0.0965 (6.29%)

Long/Short
72.6%
Long: 72.6%Short: 27.4%
Funding Rate

+0.0031%

Longs pay

Data provided by COINOTAG DATALive data
Ripple
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
CS
CoinDesk Staff
(01:18 PM UTC)
1 min read
DK
Approved byDavid Kim

XRP fell another 7% after losing key support levels, with traders weighing growing institutional demand against one of the token's weakest technical setups in months.

XRP is attracting money, but not buyers. ETF products continue pulling in fresh inflows and exchange balances keep shrinking, yet price has fallen back to levels last seen in February. When a market stops responding to bullish…

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Source

CoinDesk Staff · CoinDesk

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