XRP (XRP) recovered once again during the weekend, and bulls have kept trying to break past the $1.31 ceiling. The fact that they have failed two times already, including this session, could indicate that the selling pressure persists. That could ultimately result in a bearish breakout below the $1.26 area — a level that we see as the last line of defense for bulls to prevent a stronger decline to the $1.12 area. Trading volumes have jumped a bit during today’s session, rising by 38% in the past 24 hours to $1.7 billion. Although volumes are still thin at 2% of XRP’s circulating market cap, this spike signals that the market is once again turning its eyes to altcoins ahead of the Fed’s meeting.
Головну думку ми показуємо публічно. Створіть безкоштовний акаунт, щоб читати повну статтю, зберігати її, обговорювати та поєднувати з ринковим і OSINT-контекстом.