Given the recent negative developments in the XRP market, buyers have chosen a different tactic. Unlike most coins, which now show a steady rise in price, XRP is trying to gather strength to test the $0.35 mark. It was from this mark that the price collapse began in February 2020 and it took buyers a long time to break this level.
This mark prevents buyers from reaching the range of $0.44-0.46. Breaking the $0.35 mark can quickly raise the price of XRP by 30%. This fact will restore investors' faith in XRP.
The critical point of this scenario is $0.27. If sellers manage to get below this mark - the price of XRP can stay at the mark of $0.25 for a long time.
P.S. Buyers managed to keep the global trend line from March 2020. let's see if buyers will be able to realize this chance.
Nota
the XRP price goes in the range of $0.18-0.20. Maybe there will be a big buyer.
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