XRP Price Rally Cools On Escalating Death Cross Risks

Quick Summary:

As bulls and sellers struggle to find direction, higher key support is expected to play a crucial role in the coming few days.

XRP price sent mixed signals on Wednesday, moving sideways after a modest rebound from its Monday lows.

Short-term support at $0.5 is important and must be defended at all costs if bulls desire for XRP to push above $0.6 resistance.

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Article Details

Author / Journalist: John Isige

Category: Crypto

Markets: India

Topics: Ripple (XRP) Price Price Analysis XRP price analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-07 @ 18:39:44 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 421 words

Reading Time: 3 minutes read

Sentences: 37 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 21972370

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

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