The price of Ripple (XRP) dropped to 2.14 Dollar amid declining market confidence. Derivatives data showed a 2.66% decrease in open positions and significant liquidation of long positions. Technically, Ripple is trading near critical support levels, with spot areas at 2.11 Dollar and 2.14 Dollar. Wednesday was a bullish day for Ripple (XRP), reaching a daily high of 2.30 Dollar mid-week.
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The price of Ripple (XRP) dropped to 2.14 Dollar amid declining market confidence. Derivatives data showed a 2.66% decrease in open positions and significant liquidation of long positions. Technically, Ripple is trading near critical support levels, with spot areas at 2.11 Dollar and 2.14 Dollar. Wednesday was a bullish day for Ripple (XRP), reaching a daily high of 2.30 Dollar mid-week.