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Ripple Price Forecast: XRP accelerates downslide as mild capital inflows fail to provide support

From fxstreet.com

Ripple (XRP) holds above $1.25 on Tuesday, a key support threshold, after extending losses for three consecutive days and hitting its lowest level since February 6. The sell-off remains broad in the cryptocurrency market, weighed down by risk-averse sentiment as tensions in the Middle East continue festering despite United States (US) President Donald Trump stating that a peace deal with Iran is reachable "over the next week.” Additionally, a CNN report said that peace negotiations between the two countries were restarted hours after Iran suspended talks over Israel’s offensive in Lebanon. XRP has continued to ... (full story)

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  • Category: Technical Analysis