Posted 11/27/2023, 10:00:00 PM
Ripple Price Finds Support After 20% Drop; Bullish Outlook Depends on Defending $0.60 Level
- Ripple price found support at $0.5981 after 20% fall, bulls looking to reclaim losses
- HSBC choosing Ripple/Metaco for custody technology signals institutions adopting XRPL and XRP
- Metaco/Ripple partnership provides infrastructure for tokenization, payments, liquidity management
- XRP price could climb 15% to $0.6820 if bulls defend $0.5981 support level
- Bullish outlook invalidated if XRP closes decisively below $0.5981 support