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⏰ Commitment Time: 03:00 AM, May 13th - 12:00 PM, May 16th (UTC)
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Learn More: https://www.gate.io/article/44878
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The price of Ripple (XRP) dropped to 2.14 Dollar amid declining market confidence. Derivatives data showed a 2.66% decrease in open positions and significant liquidation of long positions. Technically, Ripple is trading near critical support levels, with spot areas at 2.11 Dollar and 2.14 Dollar. Wednesday was a bullish day for Ripple (XRP), reaching a daily high of 2.30 Dollar mid-week.