Currently the price is trading at 1.11, supporting on the side-wards resistance ,
Price will now likely test the moving averages and use them as a new support level . Coupled with the fact we have the side-wards resistance turned support, we could see price to to upside target of $1.34
I am expecting Ripple to recover lost ground now as the trend is having a legitimate turn.
With $610 in 24-hour trading volume, things are not looking all that bad for XRP right now. With a circulating supply of 139,009,215,838 XRP out of a max of 99,992,725,510 XRP. The vast majority of top altcoins still struggle to get past 250m in 24-hour trading volume, and it is evident that trend will not change anytime soon.
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