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Coin-turk.com 2023-06-29 09:28:03

XRP Struggles Below Key Support Level: A Smart Investment?

As XRP’s price falls below the psychologically significant support level of $0.50, down from its June high of $0.56, crypto investors are starting to wonder whether purchasing this token might be a savvy decision as we approach July. XRP Price Situation XRP is currently trading at $0.4670, marking a 2.03% decline over the last 24 hours and an additional 4.56% drop over the week. Nevertheless, it has managed to maintain its market value at $24.6 billion. Interestingly, recent data from Santiment indicates a rise in on-chain activities for XRP over the past week. Historically, such increases in transaction volume have been seen as precursors to a potential price rally for this altcoin. Notably, this pattern was observed on three separate occasions recently, potentially lending more credibility to the likelihood of an XRP price rally in the near future. XRP, showing slight bullish signs due to mild trader activity, has historically […] The post XRP Struggles Below Key Support Level: A Smart Investment? appeared first on COINTURK NEWS.
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