XRP (CRYPTO: XRP) has dropped 26% in the past seven days, mirroring broader market weakness that has pushed Bitcoin (CRYPTO: BTC) below $100,000.
Despite the pullback, strong fundamentals could help XRP recover.
Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
XRP (CRYPTO: XRP) | $2.30 | $132.7 billion | -5% | -26.2% |
Ethereum (CRYPTO: ETH) | $2,699.26 | $325.4 billion | -2.5% | -17.2% |
Bitcoin (CRYPTO: BTC) | $95,998.59 | $1.9 trillion | -1.3% | -8.9% |
Trader Notes: Crypto trader Dark Defender notes that XRP is holding support at $2.33, the last Fibonacci level.
While the RSI on the 4-hour chart hasn’t …
Full story available on Benzinga.com