One of the “Scariest Charts”: Analysts Fear XRP Is Subject to Steep Downside

Since the peak of the crypto market in 2018, XRP has been a shell of its former self from a charting perspective. The cryptocurrency, despite numerous technical developments, is currently trading more than 90% below its all-time high of $3.30 — a far cry from the 67% that Bitcoin has lost from its all-time high. Put simply, relative to BTC, XRP is dramatically oversold and has been for months. The third-largest cryptocurrency by market capitalization […]

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Author: toutiao