XRP is demonstrating robust support near its previous cycle high, with technical indicators suggesting a bullish trend. A new golden cross on the hourly chart indicates potential upward momentum, as analysts watch the $3 level for a possible breakout. This development comes amid a broader recovery in the altcoin market.
Other major cryptocurrencies, including Ethereum, Solana, and Cardano, have also experienced gains. Notably, Solana ETFs have attracted over $400 million in inflows throughout November, highlighting increased investor interest in the altcoin sector.
XRP Shows Strong Support as Altcoin Market Recovers
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