While the overall market outlook skewed slightly in favor of bulls, XRP and Tron touched their multi-week lows on 24 November. A near-term bullish revival could occur if the bulls gather enough force.
Contrarily, SAND saw soaring gains as it touched its ATH on 25 November but now showed signs of slowing down.
TradingView, XRP/USDT
Since last month, Ripple’s XRP witnessed a dynamic bull versus bear clash. From 27 October, it oscillated within the ascending parallel channel (white). During this phase, XRP rallied by 35% to poke its two-month high on 10 November.
Since then, however, the bulls lost their strength as the trend reversed. This pullback resulted in a 25.3% correction until the price touched its four-week low on 24 November. With
Read more on ambcrypto.com