The cryptocurrency market is off to an excellent start to the week, with support levels holding on Monday, allowing the bulls to push prices higher. XRP, the native cryptocurrency of the Ripple ecosystem, is trading above $1.41 on Tuesday after the bulls successfully defended the $1.35 support level on Monday. The rally comes despite XRP facing significant capital outflows last week, reflecting sticky risk-off sentiment. However, retail interest has slightly increased since Monday. XRP rallies despite capital outflows XRP is up 4% in the last 24 hours, making it one of the best performers among the top 10 cryptocurrencies by market cap. Its positive performance comes despite XRP-related digital asset investment products recording outflows of $30 million last week.
XRP price climbs above $1.41 as bulls target $1.48 resistance
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AI INSIGHT
XRP trades above $1.41 on Tuesday, up 4% in the last 24 hours. Bulls defended $1.35 support on Monday. XRP-related digital-asset investment products recorded $30 million of outflows last week. Retail interest rose slightly since Monday.
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