Binance Volumes Hikes Amid Us-Crypto Exchange Delists XRP
Due to the ongoing lawsuit on Ripple, many US-based crypto exchanges have either delisted the asset or just suspended the trading. This impacted the XRP price to a great extent that pulled back the price even below $0.2. However, the price managed to surge, but woefully, plunged yet again.
As per the analyst, people are just shifting their trading platform from any US-based exchange to Binance. And hence the trading volume on Binance for the assets like XRP, XMR and DASH are swelling.
XRP Price Analysis
As mentioned XRP price has declined notably in recent days bringing the price below $0.24. Currently, the price is attempting hard to sustain above the strong support line which was initially considered as strong resistance.
The XRP price has been rejected nearly 3 times at $0.25 in the recent past and hence, it becomes a strong resistance level to be tested in coming times. However, the current price is very close to the strong support levels at $0.2324 which is a bit scary as the price may break the support levels to decline more.
At the time of writing, XRP price stands at $0.2370 with a jump of 1.31 percent in its price in the last 24 hours. However, the technical