XRP still holds a កើនឡើង sentiment despite ដំណឹង emerging on November 29 that crypto exchange Coinbase will end the wallet support services for the seventh-ranked digital asset by market capitalization.
As things stand, XRP is trading at $0.40, gaining over 2% in the last 24 hours. Furthermore, the weekly chart indicates Ripple’s native token has rallied by almost 7%.
The rally followed a brief stint where XRP experienced significant selling pressure as investors appeared to take out profits. The trend saw XRP lose over $800 million in capital within a day.
Coinbase wallet withdrawing XRP support
In recent weeks, XRP has mainly traded in the green zone defying the general ទីផ្សារគ្រីប price movement leading to a three week consecutive green candle. However, the delisting by Coinbase, was presumably a catalyst for a possible correction.
Notably, Coinbase Wallet announced it would no longer support XRP, Bitcoin Cash (BCH), Ethereum បុរាណ (ETC), និងតារា (XLM), effective December 5, citing low usage.
However, it can be assumed that XRP’s momentum is a result of Ripple Labs’ minor wins from the ongoing case by the Securities Exchange Commission (គណៈកម្មាធិការមូលបត្រ). In this line, legal experts project that the case might be ruled in favour of Ripple, a bullish catalyst for the XRP rally.
For instance, XRP rallied after the presiding judge ruled on the ការប្រគល់ឯកសារហិនមែន និង ការយល់ព្រមលើឯកសារសង្ខេប amici.
ការវិភាគតម្លៃ XRP
Furthermore, based on the recent XRP price movement, the community has focused on attaining the $0.5 level, which can usher in a trajectory towards $1. In this case, a Finbold របាយការណ៍ indicated that XRP needs to break above $0.40; thereafter it can target a move to around $0.45.
ក្នុងពេលជាមួយគ្នានេះនៅក្នុង ក Tweet នៅថ្ងៃទី ១១ ខែវិច្ឆិកា ការជួញដូរគ្រីប expert Michael van de Poppe believes the XRP can target the level of $0.49.
As the XRP community looks forward to the conclusion of the SEC case, the asset’s ការវិភាគបច្ចេកទេស is neutral. The summary of the daily gauges on ទិដ្ឋភាពពាណិជ្ជកម្ម aligns with ‘neutral’ at 10, similar to មធ្យមការផ្លាស់ប្តូរ at one. Elsewhere, លំយោល are for ‘buy’ at two.
Finally, the XRP community on CoinMarketCap remains កើនឡើង។ ដូច រាយការណ៍ ដោយ Finbold សហគមន៍កំពុងព្យាករណ៍ថា XRP នឹងជួញដូរនៅ $ 0.42 នៅចុងឆ្នាំ 2022 ។
ការមិនទទួលខុសត្រូវ: ខ្លឹមសារនៅលើគេហទំព័រនេះមិនគួរត្រូវបានចាត់ទុកថាជាដំបូន្មានវិនិយោគទេ។ ការវិនិយោគគឺជាការប៉ាន់ស្មាន។ នៅពេលវិនិយោគ ដើមទុនរបស់អ្នកមានហានិភ័យ។
Source: https://finbold.com/xrp-bulls-unmoved-by-coinbase-delisting-pushes-tokens-price-higher/