XRP and MATIC Price Analysis for September 25

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Dis­claimer: The opin­ion expressed here is not invest­ment advice – it is pro­vid­ed for infor­ma­tion­al pur­pos­es only. It does not nec­es­sar­i­ly reflect the opin­ion of U.Today. Every invest­ment and all trad­ing involves risk, so you should always per­form your own research pri­or to mak­ing deci­sions. We do not rec­om­mend invest­ing mon­ey you can­not afford to lose.

Bulls remain weak as the sell­ers’ pres­sure remains relevant.

Top 10 coins by CoinMarketCap

XRP/USD

XRP is trad­ing against the mar­ket drop as the price has risen by 0.72% over the last day.

XRP/USD chart by TradingView

Despite the slight rise today, XRP is trad­ing side­ways after the false break­out of the resis­tance lev­el. Cur­rent­ly, one needs to pay close atten­tion to the $0.46 mark. If the decline con­tin­ues, the alt­coin may return to the bear­ish zone.

XRP is trad­ing at $0.4946 at press time.

MATIC/USD

Unlike XRP, MATIC could not show a rise, falling by 2.11%.

MATIC/USD chart by TradingView

How­ev­er, from the tech­ni­cal point of view, MATIC is trad­ing sim­i­lar­ly to XRP as the coin has not accu­mu­lat­ed enough pow­er for either growth or upward move­ment. If buy­ers want to seize the ini­tia­tive again, they need to bring the price back to the $0.80 zone.

MATIC is trad­ing at $0.7501 at press time.

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