Market News / Story
XRP Drops Another 3.5%: What Is Going On?
Benzinga ·
Benzinga reports: XRP is down 3.7% over the past 24 hours, prompting chart analyst Ali Martinez to suggest a potential local bottom. On the other hand, prominent analyst Cryptoinsightuk sees a potential relief rally as possible as its four-hour relative strength index reached deeply oversold levels. The analyst expects at least a relief rally but cautioned that oversold conditions do not necessarily confirm a market bottom. A potential move toward $1.30 could fill a fair value gap and…