Ascending channel

XRP’s price recovery may be short-lived as ascending channel suggests another bearish collapse

The last 3 weeks have been anything but fruitful for XRP’s valuation in the market. On 14 August, XRP breached its long term support of $0.291 and the price recorded its year-to-date low. At press time, the token had depreciated by 11.22 percent over the last three weeks and XRP’s price was at a low...
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