XRP price struggled to continue higher above the $2.75 zone and recently corrected gains. The price is moving lower and might struggle to stay above $2.250.
XRP price started a fresh decline after it failed to clear the $2.80 level.
The price is now trading below $2.60 and the 100-hourly Simple Moving Average.
There is a connecting bearish trend line forming with resistance at $2.50 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair might start a fresh increase if it clears the $2.60 resistance zone.
XRP Price Moves Lower
XRP price started a recovery wave above the $2.20 support zone, like Bitcoin and Ethereum. The price gained pace for a move above the $2.250 and $2.400 resistance levels.
The bulls pumped the price above the $2.60 level. However, the bears remained active near the $2.75 level. A high was formed at $2.780 and the price is now moving lower. There was a move below the $2.560 level. The price dropped and tested the 50% Fib retraceme
We współpracy z: https://www.newsbtc.com/analysis/xrp/xrp-price-weakens-gradually-2-225/
