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XRP lost 5.7% of its valuation this week, but at least in this case, the price has been making higher lows, which makes sentiment slightly more optimistic than Ethereum.

The problem with this cryptocurrency is that it has been in a flat trend for years now. Somehow, sellers always stopped buyers’ attempts to take the price towards $1. Faced with this, XRP bounced between the key levels and never left them.

Looking ahead, XRP has good support at around 50 cents, but the resistance at 68 cents has stopped any ambitious buyers since late 2023. Hopefully, 2024 will offer a clear breakout before the end of the year.Cardano (ADA)

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