Ripple Price Analysis: Can XRP Recover After the Hack-Driven Sell-Off?
Photo: CryptoPotato
Ripple’s XRP is under renewed pressure after failing to break above the upper boundary of its short-term descending channel. Trading around $1.25, the token has slipped into a key Fibonacci support area, where the reaction over the coming sessions could decide whether the August recovery remains intact or gives way to a deeper retracement. Ripple Price Analysis: The USDT Pair On the daily chart, XRP continues to retrace the sharp rally from the $0.99 August low to the $1.70 high, which stalled just below the major $1.7-$1.8 supply zone.
Source: CryptoPotato
