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Ripple (XRP) has recovered above $2, but investors remain anxious about whether now is the right time to buy

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Summary
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57% Informative

Ripple price today trades at $ 2.09 after a 4% decline in 24 hours with an intra-day low of $ 1.92 .

XRP price briefly dropped below $ 2 yesterday after the crypto market crashed, wiping out nearly $1 billion in total liquidations.

Despite the dip, now might not be the right time to buy XRP after a head and shoulders pattern emerged.

Rising long liquidations have exerted additional sell-side pressure on the price.

VR Score

39

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30

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58

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formal

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English

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24

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not hateful

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short-lived

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