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Crypto & Bitcoin

XRP Price Could Be Headed to $1.10 After This Failed Bounce!

Reported by Petar Jovanović, CaptainAltcoin

Image: CaptainAltcoin

XRP price has given back most of its latest recovery, and analyst CasiTrades believes the failure near $1.30 may have been more important than it first appeared. XRP is trading around $1.22-$1.24 after falling roughly 6% over the past 24 hours as the broader crypto market sells off again. Bitcoin has dropped back toward $76,000, Ether is near $2,240, and more than $1 billion of leveraged crypto positions were liquidated during the latest risk-off move. For XRP, CasiTrades believes the decline may now be taking price toward the final stage of a larger corrective structure.

This is an excerpt. The reporting belongs to CaptainAltcoin.

Read the full report on captainaltcoin.com
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