{"id":106855,"date":"2021-01-02T09:22:15","date_gmt":"2021-01-02T09:22:15","guid":{"rendered":"https:\/\/precoinnews.com\/?p=106855"},"modified":"2021-01-02T09:22:15","modified_gmt":"2021-01-02T09:22:15","slug":"xrp-price-drops-again-is-the-price-heading-towards-its-all-time-low","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/xrp-price-drops-again-is-the-price-heading-towards-its-all-time-low\/","title":{"rendered":"XRP Price Drops Again, Is the Price Heading Towards Its All-Time Low?"},"content":{"rendered":"
Due to the ongoing lawsuit on Ripple, many US-based crypto exchanges have either delisted the asset or just suspended the trading. This impacted the XRP price to a great extent that pulled back the price even below $0.2. However, the price managed to surge, but woefully, plunged yet again.<\/p>\n
While the crypto exchanges in the U.S, delisted XRP and other coins like Monero(XMR), a Malta-based crypto exchange, Binance\u2019s volume is spiking up. Binance however has not suspended trading.<\/p>\n
As per the analyst, people are just shifting their trading platform from any US-based exchange to Binance. And hence the trading volume on Binance for the assets like XRP, XMR and DASH are swelling.<\/p>\n
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As mentioned XRP price has declined notably in recent days bringing the price below $0.24. Currently, the price is attempting hard to sustain above the strong support line which was initially considered as strong resistance. <\/p>\n
The XRP price has been rejected nearly 3 times at $0.25 in the recent past and hence, it becomes a strong resistance level to be tested in coming times. However, the current price is very close to the strong support levels at $0.2324 which is a bit scary as the price may break the support levels to decline more. <\/p>\n
At the time of writing, XRP price stands at $0.2370 with a jump of 1.31 percent in its price in the last 24 hours. However, the technical <\/p>\n