XRP continues to struggle at $0.22 as bear market pressure mounts
03 December 2019 - 8:00AM
Coin Rivet
Ripple’s XRP token is in dire straits after yet another red
weekend that saw the world’s third-largest cryptocurrency fall by
more than 5%. XRP was rejected from the $0.23 level of resistance
which previously acted as support throughout September, indicating
that more downside price action is likely in the coming weeks. It
desperately needs to hold above $0.21 or it could well drop to its
lowest point in more than two years, with analysts suggesting it
could reach the $0.16 and $0.11 levels of support. The nervous
descent in price comes after a rocky year for XRP and the company
behind it, Ripple. Ripple CEO Brad Garlinghouse has vocally
defended the project in spite of criticism surrounding its status
as
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XRP continues to struggle at $0.22 as bear market pressure
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XRP continues to struggle at $0.22 as bear market
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