Despite the massive $XRP rally we saw recently, assets like $ETH and $BTC are still in a poor state
XRP's massive 65% rally launched the coin above the extremely important resistance level of the 200-day moving average. Thankfully, XRP bulls were able to push the cryptocurrency above the resistance, making a potential upward reversal possible.
in court was the main fuel for XRP's massive growth we saw during the last week, which means that it is important to consider all legal risks when receiving exposure to the asset.Unfortunately, other digital assets are not rushing to show performance similar to what we saw on XRP last week. Bitcoin, for example, is continuously moving down in the low volatility trading range. Such a tendency will most likely continue unless the cryptocurrency market faces a sudden recovery.
Apart from Bitcoin, Ethereum also has not found any kind of support from investors in the last few days. The second-largest cryptocurrency in the industry has lost more than 27% of its value.
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