{"id":539329,"date":"2023-06-23T10:40:03","date_gmt":"2023-06-23T10:40:03","guid":{"rendered":"https:\/\/wncen.com\/?p=539329"},"modified":"2024-06-11T07:55:40","modified_gmt":"2024-06-11T07:55:40","slug":"breaking-through-this-ceiling-will-propel-xrp-by-another-12","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple\/breaking-through-this-ceiling-will-propel-xrp-by-another-12\/","title":{"rendered":"Breaking Through This Ceiling Will Propel XRP By Another 12%"},"content":{"rendered":"
The price of XRP experienced an increase after surpassing the $0.50 mark; however, it has recently undergone a fresh decline. Analyzing the daily chart, the altcoin has depreciated by approximately 3%, whereas the weekly chart shows an appreciation of about 6%.<\/p>\n
The technical outlook for XRP indicates a bearish bias due to a decrease in demand and accumulation shown on the chart. Buying strength has weakened following the coin’s drop below the $0.50 threshold.<\/p>\n
As Bitcoin entered the $30,000 price range, other major altcoins also began to appreciate on their respective charts but remained constrained beneath immediate resistance levels. So it is crucial for XRP to surpass the $0.50 mark to enable an upward movement.<\/p>\n