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XRP Token Report – 15th Nov’24

XRP Token Report

The XRP Ledger (XRPL) is a decentralized, open-source, and permissionless technology. Its key advantages include low transaction costs, rapid transaction settlement, high scalability and environmentally friendly features (carbon-neutral and energy-efficient).

XRP is ranked #7 with a market capitalization of nearly $55 billion. The current market price of the token is 0.82 USDT

The XRPUSDT price had been consolidating since early Jul’24. The trend has broken out of the flat consolidation pattern with significant volumes. The RSI indicates an aggressive momentum in price. The next resistance is expected at 1.1 USDT and an immediate support is expected at 0.75 USDT.

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