Community Articles

via CoinDesk · By CoinDesk Staff

XRP rebounds above $1.30 after volume surge, but bears still control the bigger picture

XRP

XRP/USDT

$1.5493
+0.43%
24h Volume

$3,052,371,738.19

24h H/L

$1.63 / $1.5422

Change: $0.0878 (5.69%)

Long/Short
72.7%
Long: 72.7%Short: 27.3%
Funding Rate

+0.0044%

Longs pay

Data provided by COINOTAG DATALive data
Ripple
Ripple
Daily

$1.5542

▼ -0.91%

Volume (24h): -

Resistance Levels
Resistance 3$1.894
Resistance 2$1.6999
Resistance 1$1.5701
Price$1.5542
Support 1$1.5151
Support 2$1.394
Support 3$1.278
Pivot (PP):$1.5725
Trend:Uptrend
RSI (14):62.5
CS
CoinDesk Staff
(05:01 AM UTC)
1 min read
JM
Approved byJames Mitchell

XRP snapped a streak of lower lows on heavy buying, though the token remains stuck below major resistance levels that have capped every rally this year.

XRP finally found buyers near the bottom of its range after spending much of May grinding lower, but the rebound hasn’t changed the broader setup yet. The move above $1.30 came with one of the strongest volume bursts in days, though price remains…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

CoinDesk Staff · CoinDesk

Read original →

Comments
Comments