XRP could avoid another leg down if bulls hold the altcoin above the $2.40 support level and whales show signs of buying again.
XRP (XRP) price has recovered by almost 7% in the last 10 days, led by a crypto market rebound and the end of Ripple’s long-running legal battle with the US Securities and Exchange Commission (SEC).
However, several key support levels are at risk of being tested as onchain data suggests lackluster buying activity.
XRP/USD daily chart. Source: Cointelegraph/TradingView
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