XRP price started a fresh decline below the $2.280 zone. The price is now correcting losses and might aim for a move above the $2.250 resistance.
XRP price started a fresh decline below the $2.280 zone.
The price is now trading below $2.270 and the 100-hourly Simple Moving Average.
There is a key bearish trend line forming with resistance at $2.270 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair might start another decline if it fails to clear the $2.2440 level.
XRP Price Dips Further
XRP price failed to clear the $0.3550 resistance and started a fresh decline, like Bitcoin and Ethereum. There was a move below the $0.3000 and $0.280 support levels.
The price even dipped below the $0.220 support level. A low was formed at $0.2132 and the price is now consolidating losses. There was a minor move above the $0.220 level. The price cleared the 23.6% Fib retracement level of the downward wave from the $2.3540 swing high to the $2.2132 low.
The price
We współpracy z: https://www.newsbtc.com/analysis/xrp/xrp-price-slips-2-20/
