XRP finds support at $1.30, eyes the 50-day EMA level

Bitcoin, Ether, and XRP are all in the green as the broader cryptocurrency market slightly recovers from the poor start to the week. Ripple’s XRP is the second-best performer among the top 10 cryptocurrencies by market cap, behind Ethereum’s Ether.  XRP is now trading at $1.48 after establishing support around the weekly level of $1.30. The improved derivatives data in the last 24 hours also supports a possible bullish move for XRP.  XRP approaches $1.5 despite weakening retail demand XRP is up by nearly 2% in the last 24 hours and is now approaching the $1.5 psychological level. The rally comes as the broader cryptocurrency market has performed positively since Tuesday. However, XRP’s derivatives data shows weakening retail demand despite…