Ethereum

<ul>
 <li>At the time of writing, XRP is trading at $0.6028, down 1.41% in the last 24 hours.</li>
 <li>If the price manages to climb above $0.61 level, then it will likely retest $0.63 resistance level.</li>
</ul>
In a few weeks after beginning beta testing, <a href="https://thenewscrypto.com/33-million-ripple-tokens-transferred-to-binance-xrp-remains-steady/" target="_blank" rel="noopener noreferrer nofollow">Ripple</a> minted the first tokens of its forthcoming stablecoin, RLUSD, on Ethereum and the XRP Ledger. With the announcement of their new stablecoin, Ripple made their first foray into the $177 billion stablecoin market earlier this year. The token’s release was long overdue, said CEO Brad Garlinghouse.
In the worldwide markets, Ripple’s on-demand liquidity (ODL) solution—which uses XRP as a liquidity provider for quick cross-border settlements—has persisted despite the company’s four-year legal dispute with the US SEC. Several countries have reaped the benefits of Ripple’s ODL solution, including Japan and a few in the Middle East.
The crypto world is buzzing over a huge <a href="https://thenewscrypto.com/ripple-xrp-reclaims-key-resistance-level-sparking-investor-optimism/" target="_blank" rel="noopener noreferrer nofollow">XRP</a> transaction that happened not long ago. It seems like a new whale has emerged after transferring an incredible 99,225,384 XRP tokens. An anonymous wallet sent 99,225,384 XRP worth $61,644,558 to an unknown new wallet, according to Whale Alert.
<h3 class="wp-block-heading" id="h-short-term-support-level-at-0-60">Short-term Support Level at $0.60</h3>
With yet another failed attempt to break beyond the critical barrier of $0.63 on Saturday, Ripple’s native cryptocurrency XRP has been exhibiting significant price activity lately. On the other hand, there is a new short-term support for the XRP price at the $0.60 level. Analysts remain confident, despite the token experiencing rejection at $0.63 multiple times in the last month.
At the time of writing, XRP is trading at $0.6028, down 1.41% in the last 24 hours as per data from CMC. Moreover, the trading volume is down 20.57%.
If the price manages to climb above $0.61 level, then it will likely retest $0.63 resistance level. Breaking above this level, will likely see price testing $0.65 mark. Conversely, if the price breaks below $0.60 level, then it will likely test $0.58 support level.

XRP Struggles to Break Above $0.63, Finds Short-term Support at $0.60

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