The latest trend in the cryptocurrency market indicates a potential bearish shift as Ripple’s XRP token slips below the ascending trendline. After trading within a rising pattern since July, the token faced a significant breakdown on October 2, raising concerns among traders and investors. The current price decline, combined with on-chain data, suggests further downward movement for this altcoin. XRP’s price is currently around $0.5329 and has struggled to break crucial resistance levels, with the potential for an 18% drop if it fails to recover above $
Posted inCrypto Hot News
