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Bitcoinist 2020-05-06 10:00:57

Despite Strengthening XRP Chart, On-Chain Metrics Are Bearish: Analyst

XRP hasn’t been excluded from the recent rally in the cryptocurrency market. From its lows in March of $0.11, the second-largest altcoin has gained over 100% from the lows. As Bitcoin topped $9,400 last week, XRP topped $0.23, showing strength after a macro downtrend. This strength recently allowed XRP to surpass its 50-day simple moving average. Normally, this would be seen as a decisively bullish sign, as this level is often regarded as a “line […]

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