Maintaining support above $2.204 is crucial for continued upward movement, while a break above $2.22 could lead to further gains.
XRP Clears Resistance Channel With Traders Eyeing $2.33-$2.40 Zone
Maintaining support above $2.204 is crucial for continued upward movement, while a break above $2.22 could lead to further gains.
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Iran has reportedly stepped up attacks against U.S. assets in the middle east.
The decline came amid a deteriorating technical backdrop and increased selling activity across large wallets.
The fourth largest crypto could potentially reach its 2021 record highs in the coming days given its relative strength through crypto's eight-month long consolidation phase, one analyst noted.
Options trading on BlackRock's spot bitcoin ETF, IBIT, surged to a record 2.33 million contracts on Thursday as bitcoin crashed.