Latest Ripple price and analysis (XRP to USD)
2020年6月1日 - 08:05PM
Coin Rivet
Despite surging by 5.26% on Saturday XRP remains in a bearish
formation after another weekly candle close below the $0.2275 level
of resistance. It has now failed to trade above $0.2275 since the
gruelling capitulation in price during the coronavirus-induced
sell-off in early March. Another concerning factor surrounding XRP
from an analytical perspective is the descent of trade volume
across all major cryptocurrency exchanges, with just $1.6 billion
being reported over the past 24-hours compared to a daily volume of
more than $5 billion in March. The lack of volume demonstrates a
lack of interest from retail investors, which is reiterated by the
lack of Google searches for ‘XRP’ in 2020 compared to previous
years. As well as this, the ...
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