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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