Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => XRP - Ripple Forum => Topic started by: Lenipiw on August 22, 2020, 03:24:52 AM
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XRP has been trading in close tandem with Bitcoin and Ethereum in recent weeks, which has exposed it to significant selling pressure throughout the past few days.
Analysts are now widely noting that the cryptocurrency could be well-positioned to see further weakness in the near-term if it stays below a crucial support level that its bulls were ardently defending.
The break below this level overnight seems to be a grave sign for its near-term outlook, suggesting that is buyers may be losing their strength.
Visit here: https://www.newsbtc.com/2020/08/20/xrp-reels-to-key-support-loses-position-as-3rd-largest-crypto-to-tether/