Whales are buying and shifting large MATIC stashes

From the technical point of view, XRP is trading similarly to Bitcoin (BTC) as it is also located between the resistance of $0.6959 and the support of $0.50. The selling trading volume has increased, which means that traders may have begun fixing their short positions.

XRP/USD

XRP is not an exception to the rule, going down by 11%.

XRP/USD chart by TradingView
Advertisement