đđ° Ripple's XRP is holding steady at $0.48 despite recent market turbulence. But how much pressure does it take to move the price? Let's dive in:
- Market depth, a measure of buying/selling pressure, varies across platforms.
- On Binance, it takes a hefty $1.44M of selling orders to nudge XRP down 2%. To push it up? $1.2M.
- Coinbase, with less volume, needs only $850K for a similar 2% drop.
XRP's been struggling to break past $0.54, but it's inching towards the next support level at $0.43. đ»đ
The monthly close is soon. Can the bulls push XRP back above $0.50? What do you think? Share your thoughts below! đ #XRP #CryptoMarket #Binance #Coinbase