The overall crypto market witnessed a marginal surge in its market cap at press time. Consequently, many altcoins like Litecoin and Tron reflected an upward price trajectory. However, XRP displayed a gradual drop in its value.
XRP, Litecoin, and Tron witnessed a downturn on 27 October and were in the revival phase as the bearish momentum eased.
TradingView, XRP/USDT
Since 10 October, Ripple’s XRP traversed in a downtrend between two parallel lines by noting decreasing highs. The altcoin touched its four-week low on 27 October at $0.9483. Since then, it bounced back between the parallel lines as buyers gained momentum.
Key technicals pointed at ease in bearish momentum in the near term. XRP bears found support at $1.0443 as it traded at
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