XRP drops 23%, underperforms BTC, ETH, SOL since November 4, EGRAG CRYPTO reports

Crypto analyst EGRAG CRYPTO has highlighted XRP’s sharp decline since November 4, noting the coin has registered the largest drop among four major cryptocurrencies in the same timeframe. During this period, XRP fell by 23.40%, while Bitcoin dropped 10.37%, Ethereum declined 18.18%, and Solana lost 16.99%. According to EGRAG CRYPTO, XRP began November 4 trading near $1.36 and has since fallen to $1.04422, reflecting a loss of $0.31365. The analyst points out that XRP now stands in a crucial price stabilization band between $1 and $1.04, with its position just above a key support level at approximately $0.95, as indicated on daily charts from Bitstamp. EGRAG CRYPTO identifies $1.15 and $1.25 as the immediate levels that bulls must reclaim for a potential recovery.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to CoinTurk News.