XRP/USD lost 7% in the recent 24 hours. The coin is collapsing in sync with other altcoisn. Cryptocurrency market is collapsing swiftly with XRP leading the decline. The third largest digital asset has lost 7% of its value in a matter of minutes and broke below critical $0.30. The coin touched $0.2930 low and recovered towards $0.2953 by the time of writing. However, the situation is very fluid and the price may change rapidly. While it is not clear what might have caused the decline, it is highly likely that the movement is caused by technical factors coupled with a shift of speculative sentiments. A failure to move above $0.33 handle allowed the bears to take up the control over the situation. Though, the sell-off is not an XRP-specific development. All major altcoins are deeply in red, nursing losses from 1.4% (Monero) to 10% (Binance Coin). Bitcoin is doing fairly well. The first digital asset stays at $5,460, down 1.5% since the beginning of the day. XRP/USD, 1-hour chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next GBP/USD remains under immense pressure, but is already oversold Yohay Elam 4 years XRP/USD lost 7% in the recent 24 hours. The coin is collapsing in sync with other altcoisn. Cryptocurrency market is collapsing swiftly with XRP leading the decline. The third largest digital asset has lost 7% of its value in a matter of minutes and broke below critical $0.30. The coin touched $0.2930 low and recovered towards $0.2953 by the time of writing. However, the situation is very fluid and the price may change rapidly. While it is not clear what might have caused the decline, it is highly likely that the movement is caused by technical factors coupled… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
