Can a bounceback occur as fast as the drop of the market? XrpYoyo ANT159694954 nuonrg WillyWonkaXRP RippleXrpie boncryp
If buyers want to seize the initiative, they should return the rate above the nearest level at $18,905. Only in this case, there are chances for a local bounceback.XRP has lost less than Bitcoin as it has dropped by 3.72%.
Despite the fall, XRP remains trading above the support level of $0.3119 on the daily chart. If buyers can hold the local rise until the end of the day, one can expect the test of the resistance zone around $0.33 shortly.Ethereum Classic is the biggest loser from the list today as its fall has constituted 15.72%.
Ethereum Classic has bounced off the accumulation it has been at since the end of August. Currently, one needs to pay close attention to the support level at $30.52. If the decline continues to it, bulls can lose their dominance, followed by the start of a bearish trend. However, if the rise lasts to the $38 mark, buyers might seize the initiative.
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