XRP, NEAR, Zcash, Cardano fall further as support levels face fresh risk

Major cryptocurrencies are facing renewed selling pressure as market sentiment continues to deteriorate. Popular tokens such as XRP, Near Protocol (NEAR), Zcash (ZEC), and Cardano (ADA) are all trading near their critical support levels after sharp declines from recent highs. XRP, the token associated with Ripple Labs, is locked in a prolonged downward trend. Prices are hovering near $1.28, marking a notable drop from September’s local peak of approximately $1.65. After a robust recovery in the late summer months, XRP has struggled to keep upward momentum as sellers remain firmly in control.

Source: CoinTurk News