Main points to consider today.
- Ripple’s XRP price on Tuesday is trading in negative territory and is down by nearly 4%.
- XRP/USD looks bearish after a failed attempt to reclaim the big psychological $0.3000 mark.
- If current support at $0.2600 is broken on high momentum, expect price to go further down.
XRP/USD 1 Hour Chart
Ripple is experiencing pressure from the sellers today, together with current trading volume and candlestick formation (without long tails) it most likely will result in further downtrend.
Disclaimer: Markets, instruments and advices on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. Ripplecoinnews does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. Investing in Cryptocurrencies involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.
Crypto and Blockchain News1 hour ago
IRS Grants a $625,000 Contract to Chainalysis For Developing a Tool to Track Privacy Coins
Cosmos20 hours ago
Crypto Exchange Coinbase Now Offers Staking Support for Cosmos (ATOM)
Ripple and XRP News2 days ago
Ripple Is Hiring Senior Information Security Engineer For Implementing Extra IT Security Solutions
Crypto and Blockchain News3 days ago
Validators Have Staked approximately 2M Test ETH on Ethereum 2.0 Medalla Testnet
Ripple and XRP News3 days ago