XRP price is correcting gains from the $1.185 resistance zone. The price might revisit the $1.00 support before the bulls appear.
XRP price started a downside correction below the $1.120 level.
The price is now trading below $1.100 and the 100-hourly Simple Moving Average.
There was a break below a key bullish trend line with support at $1.110 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair could retest the $1.00 support zone before the bulls take a stand.
XRP Price Dips Again
XRP price struggled to extend gains above the $1.180 and $1.20 levels. It started a downside correction and traded below the $1.150 level. It underperformed Bitcoin and Ethereum in the past two sessions.
There was a drop below the 50% Fib retracement level of the upward move from the $0.9988 swing low to the $1.1860 high. Besides, there was a break below a key bullish trend line with support at $1.110 on the hourly chart of the XRP/USD pair.
The price is now trading below
We współpracy z: https://www.newsbtc.com/analysis/xrp/xrp-price-signals-correction-0-1220/
