The post XRP Price Rally Fading Away! Ripple Price To Record 10% Correction Soon? appeared first on Coinpedia Fintech News
The Ripple token continues to display a neutral trend, suggesting a disinterest of the investors in it. Further, the XRP price has recorded a correction of less than 3% over the past week, highlighting a weak price action for the coin.
Ripple’s XRP price traded in a closed range between $0.6139 and $0.6445 for over a week, following which the market lost momentum, resulting in the XRP token experiencing a loss of over 10% in valuation. After this, the price traded sideways between $0.5600 and $0.5779 for about a week.
TradingView: XRP/USDT
As the market volatility grew, the XRP price gained momentum and jumped approximately 10%. Following this, the price faced rejection at $0.6139 and erased all its gains from the pump, after which the price traded sideways for a while.
The token continued to trade under a bearish influence and recorded a loss of 13.5% in valuati
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