XRP price started a fresh decline below $2.90. The price is now struggling and might continue to move down if it trades below $2.820.
XRP price is slowly moving lower below the $2.90 zone.
The price is now trading below $2.90 and the 100-hourly Simple Moving Average.
There is a key bearish trend line forming with resistance at $2.880 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair could start a fresh decline if it settles below $2.820.
XRP Price Dips Further
XRP price failed to stay above $3.00 and started a fresh decline, like Bitcoin and Ethereum. The price declined below $2.950 and $2.920 to enter a short-term bearish zone.
The price tested the $2.8320 zone and recently attempted a recovery wave. It climbed above the 23.6% Fib retracement level of the downward move from the $3.05 swing high to the $2.8320 swing low. However, the bears remained active near $2.920.
The price is now trading below $2.90 and the 100-hourly Simple Moving Average.
We współpracy z: https://www.newsbtc.com/analysis/xrp/xrp-price-slips-lower-2-90/
