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Crypto & Bitcoin

XRP’s Rebound Faces a Tougher Test Than Breaking $1.30

Reported by Samantha Diamo, DailyCoin

Image: DailyCoin

XRP has edged back toward $1.30 after a bruising October, but the recovery is running into a contradiction: network activity is improving while demand from U.S. trading venues appears to be fading. The token traded near $1.25 to $1.28 in the latest reports, recovering modestly as broader crypto markets remained cautious. One market analysis pointed to a bullish Bollinger Band setup and a potential larger upside move, though that view depends on XRP holding its recent gains in an unsettled market.

This is an excerpt. The reporting belongs to DailyCoin.

Read the full report on dailycoin.com
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