Strong

<ul>
 <li><strong>At the time of writing, XRP is trading at $0.621, up 0.21% in the last 24 hours.</strong></li>
 <li><strong>If the price manages to go above $0.63 level then it will likely test $0.64.</strong></li>
</ul>
<p>Since its 2017 high, XRP has suffered a succession of losses, despite being a former front-runner in the competition for digital currency dominance. Prominent members of the XRP community have seen a decline in the token’s trading volume after a brief but noticeable spike in its value, even if investors’ trust in the market has picked up.</p>
<p>The crypto market is abuzz with anticipation as investors wait for the XRP price to reach $0.63. The community has recently taken notice of a recent 70 million <a href="https://thenewscrypto.com/xrp-manages-to-hold-above-0-60-level-as-bulls-striving-hard/" target="_blank" rel="noopener noreferrer nofollow">XRP</a> transactions by whales.</p>
<p>Three major XRP transactions have occurred in the last 24 hours, according to a post by Whale Alert. An unknown wallet sent 24.9 million XRP tokens to Bitstamp, worth $15.3 million.</p>
<p>In addition, another whale with 25.2 million XRP tokens ($15.54M) transferred them to Bitso from an unknown wallet. Another noteworthy transaction was the transfer of 20 million XRP tokens from an anonymous wallet to <a href="https://thenewscrypto.com/bybit-transforms-crypto-trading-landscape-with-innovative-ai-tools/" target="_blank" rel="noopener noreferrer nofollow">Bybit</a>, worth $12 million. This enormous movement of XRP tokens to exchanges indicates a potential selloff by large whales.</p>
<h3 class="wp-block-heading" id="h-bulls-striving-hard">Bulls Striving Hard</h3>
<p>At the time of writing, XRP is trading at $0.621, up 0.21% in the last 24 hours as per data from CoinMarketCap. Moreover, the trading volume is up 6.74%. The price found support at $0.58 level on December 18, after witnessing strong selling pressure.</p>
<div class="wp-block-image">
 <figure class="aligncenter size-full"><img decoding="async" width="630" height="380" src="https://thenewscrypto.com/wp-content/uploads/2023/12/XRP_1M_graph_coinmarketcap.png" alt="" class="wp-image-88023" srcset="https://thenewscrypto.com/wp-content/uploads/2023/12/XRP_1M_graph_coinmarketcap.png 630w, https://thenewscrypto.com/wp-content/uploads/2023/12/XRP_1M_graph_coinmarketcap-300x181.png 300w" sizes="(max-width: 630px) 100vw, 630px">
  <figcaption class="wp-element-caption">
   Source: <a href="http://CoinMarketCap.com" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap</a>
  </figcaption>
 </figure>
</div>
<p>If the price manages to break the shackles and go above $0.63 level then it will likely test $0.64 resistance level. On the other hand, if the price manages to go below $0.60 level, then it will likely decline further in order to test $0.58 support level.</p>

XRP Struggles to Climb Amidst Strong Bear Domination

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TheNewsCrypto

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