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Crypto & Bitcoin

XRP Rebound Toward $1.30 Stalls as Token Faces Resistance Again

Reported by AltcoinGordon, TheCoinrise

Image: TheCoinrise

XRP has spent the past week attempting to claw back ground after a broader pullback across digital assets. Reports from early November described the token recovering toward the $1.30 level, a zone traders have watched closely as a marker of near-term strength. By the following day, a separate analysis described a different picture. XRP was reported to have been rejected at the same key resistance level for a second time. That rejection raised the possibility, according to the report, that the token could retest the $1.00 mark if buying pressure fails to return.

This is an excerpt. The reporting belongs to TheCoinrise.

Read the full report on thecoinrise.com

Also carried by Bitcoin Insider

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