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Bulls in XRP Market Surrender After Facing Stiff Resistance at $0.3717

Published 12/28/2022, 01:04 PM
Updated 12/28/2022, 01:30 PM
Bulls in XRP Market Surrender After Facing Stiff Resistance at $0.3717
XRP/USD
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  • According to recent analysis, the XRP market has been in bear territory in recent hours.
  • Bulls give up in the race against XRP bears.
  • The bearish trend in XRP persists, with prices falling to $0.3585.

Bears’ control of the XRP market was clear early on as its prices fell to an intraday low of $0.3562 before finding support. As of the time of this writing, the market has lost 2.76% of its value, dropping to $0.3585.

During the slump, both the market capitalization and the 24-hour trading volume plummeted by 2.73% to $18,055,387,561 and 12.46% to $911,147,706 respectively, bolstering the bearish sentiment in the XRP market.

The post Bulls in XRP Market Surrender After Facing Stiff Resistance at $0.3717 appeared first on Coin Edition.

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