đš $XRP Struggles: âOne of the Worst Performersâ đš
Amid a rising crypto market, $XRPâs dip below $0.60 has caught attention. Despite Rippleâs legal victory over the SEC, XRP was recently labeled one of the âworst-performingâ cryptos.
While XRP gained only 3% in the past week, itâs down 4.22% since the start of 2024. Analyst Bill Morgan highlights $0.60 as a critical resistance level, warning that a failure to break it could lead to a dip below the 20-day EMA. đ
The buzz? Many still believe XRP could hit triple digits, but Morgan advises caution. Ripple exec David Schwartz denied price manipulation, noting even heâs unsure what drives XRP price movements.
With a market cap of $33.14B and a 1.55% dip in the past 24 hours, the question remains: Can XRP turn the tide? đ
