Ripple Still Can’t Break Support Level

Ripple Still Can’t Break Support Level


It’s been another week of thinning volume for Ripple and although the price hasn’t moved much there are still a couple of things to keep track of.

On the chart itself there seems to be another test of the support level at $0.564 which has held twice over the last four months. Bears are hoping that a breach will be followed by more downside.

The news front has also seen activity from Ripple – late last week one of its co-founders Chris Larsen stated that they would welcome more regulation. However this didn’t have too much of a positive effect, despite it essentially being a swipe against other cryptos.

Check out what the critical levels to watch are right now and tell us if you agree in the comments.

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