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Crypto

XRP Correction Looms as Analysts Eye Two-Digit Rally Target

Guavy AI Editorial Team
Instruments
XRP
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XRP has been on a rollercoaster ride lately, hitting a three-month high of $1.69 just two weeks ago but then running into resistance and pulling back.

According to analysts, XRP likely needs a further correction to retest the 300-week moving average (300WMA) support.

The token's price has been trending upwards, with its market capitalization sitting at $2.74T as of August 31st, and a 24-hour spot volume of $37.08B, a +58.7% increase.

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