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08.12 - 19:03
Is this XRP’s last held support before a confirmed bearish trend
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Towards the end of October, XRP was expected to rally in the market. All the stars were close to aligning as positive sentiments were common across the industry. The SEC v. Ripple lawsuit has also been moving favorably over the past few weeks. Alas, unfortunately, November has not been so kind.
At press time, XRP was down by ~15% for the month, hitting a monthly low of $0.91.
The price structure may seem devastating at first glance. However, there might be some form of recovery as it could be another investment opportunity for the token.
Here, it is important to note that this is not financial advice and the narrative is drawn based on observations from the market.
Source: Trading View
While XRP is currently consolidating under the $1 mark, it
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