Ripple (XRP) has once again gone over $0.5. This move, not entirely unexpected, draws further attention to its position in the market and gives it a chance to grow in the future. Since it had dropped a lot in worth, this coin went up by more than 5% last week, finishing the week at about […]
The post XRP Increases by 10%, Scapesmania Captures Community Focus for Future Endeavors appeared first on Coin Edition.
Ripple (XRP) has once again gone over $0.5. This move, not entirely unexpected, draws further attention to its position in the market and gives it a chance to grow in the future. Since it had dropped a lot in worth, this coin went up by more than 5% last week, finishing the week at about $0.52. For Ripple (XRP), there was a time when its value dropped by 22% in just 48 hours. This happened at the same time that Bitcoin and other cryptocurrencies were having their own problems. At this very moment, one Ripple (XRP) is worth about $0.53. Its value has gone up by another 1%. These changes show that Ripple (XRP) may face challenges on its way to a strong recovery, such as resistance at $0.58 and above. However, if it can get past these levels, the trend may be able to turn upward again.
When you look at the bigger picture, the rise of Ripple (XRP) is interesting not only because of how its price changed but also because of what it says about how investors feel right now. There is a cautious sense of hope, as shown by Open Interest data, which demonstrates that traders now have mixed perspectives, a nice shift from the overwhelming negativity. Because of how these changes in…
The post XRP Increases by 10%, Scapesmania Captures Community Focus for Future Endeavors appeared first on Coin Edition.
