
XRP Price Rebound Faces Wall – Key Technicals Suggest Limited Upside Ahead
XRP price started a fresh decline below the $2.920 zone. The price is now showing bearish signs and might decline again below the $2.80 zone. XRP price is moving lower below the $2.920 support zone. The price is now trading below $2.90 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2.920 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it dips below $2.80. XRP Price Declines Sharply XRP price failed to extend gains above $3.120 and started a fresh decline, like Bitcoin and....
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Ripple is holding the key $0.2380 support zone against the US Dollar. XRP price must climb above $0.2450 to increase the chances of an upside break above $0.2550. Ripple is likely forming a crucial breakout pattern with support near $0.2380 against the US dollar. The price is now trading near the $0.2420 pivot level and […]