OKX Offers XRP Traders a Slice of 200,000 XRP in Latest Promotion

XRP traders on OKX are in for a treat as the exchange has launched X Drops Club #13. This promotion allows holders of the asset in the European Economic Area (EEA) to share a pool of 200,000 XRP by holding over €500 and trading until August 9.

The activity will count three times towards daily rewards via the app, which is available for download.

XRP's price currently sits at $1.07 within Bollinger Bands, with upper resistance at $1.09 and lower support at $1.06. While some models predict a bearish trend based on the EMA50 at $1.08 and EMA200 at $1.09, others factor in the neutral RSI of 43.83.

The ongoing crypto market crash fears and AI industry impact seem to be secondary concerns for traders participating in this promotion.