Tadawul Amwal
--
Bearish
Market Overview:
For $XRP
Market capitalization for $XRP
After a significant rise to $152.87 billion and a continued downward trend, the market capitalization of XRP reached its lowest point and then recovered to $130.54 billion. It recently bounced back near the support area at $125.39 billion, and it is now consolidating below the resistance level of $136 billion.
■ Key levels to watch:
1_ Support: $125.00 billion.
2_ Resistance: $136.00 billion.
If buyers reclaim $136 billion with high trading volume, we may see a rise towards the $140 billion area or more.
However, a drop below $125 billion could pull it down towards $120 billion or lower.
For $XRP
Market capitalization for $XRP
After a significant rise to $152.87 billion and a continued downward trend, the market capitalization of XRP reached its lowest point and then recovered to $130.54 billion. It recently bounced back near the support area at $125.39 billion, and it is now consolidating below the resistance level of $136 billion.
■ Key levels to watch:
1_ Support: $125.00 billion.
2_ Resistance: $136.00 billion.
If buyers reclaim $136 billion with high trading volume, we may see a rise towards the $140 billion area or more.
However, a drop below $125 billion could pull it down towards $120 billion or lower.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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