Coin

<ul class="news-points"> 
 <li>FUD caused XRP to lose about 3.78% of its value but it has held on tight to $0.48.</li> 
 <li>Bulls have not been able to take full control but XRP may rise above $0.50 soon.</li> 
 <li>With increasing volatility, traders are optimistic about the XRP price action.</li> 
</ul> 
Since its impressive run to $0.88, <a href="https://coinedition.com/xrp-price-prediction-what-to-expect-in-the-next-48-hours/">Ripple (XRP)</a> has been hovering between $0.45 and the psychological $0.5 zone. One reason for this is the tightening liquidity, caused by the Fear, Uncertainty, and Doubt (FUD) currently in the market. 
Another ground for XRP’s consolidation and decline could be the unpredictability around Ripple’s <a href="https://coinedition.com/ripple-labs-prepared-to-go-to-supreme-court-in-case-against-sec/">lawsuit</a> with the U.S. SEC. XRP has lost 3.78% of its value in the last seven days. However, the token ranked as the sixth most valuable asset in terms of market cap, and was able to hold on to $0.48 at press time. 
<h2 class="wp-block-heading" id="h-indicators-join-hands-to-boost-xrp"><a></a>Indicators Join Hands to Boost XRP</h2> 
According to the XRP/USD 4-hour chart, bulls were able to push XRP upwards to $0.46 on September 11. While the market is not yet out of bears’ reach, hitting the $0.48 ceiling has served as a massive boost for XRP. 
Furthermore, the Relative Strength Index (RSI) has also exited the 18.11 point it was on September 11. At the time of writ…
The post <a rel="nofollow" href="https://coinedition.com/can-xrp-bounce-back-and-move-towards-0-60-amidst-fear-and-uncertainty/">Can XRP Bounce Back and Move Towards $0.60 Amidst Fear and Uncertainty?</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

Can XRP Bounce Back and Move Towards $0.60 Amidst Fear and Uncertainty?

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