XRP Price Nears Key Support—A Breakdown Could Be Devastating

XRP Price Nears Key Support—A Breakdown Could Be Devastating

XRP price is struggling to clear the $2.60 and $2.70 levels. The price is now at a risk of more downsides below the $2.50 support zone. XRP price started a fresh decline below the $2.620 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 $2.5650 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 Dips To Support XRP price attempted to gain pace for a move above the $2.750 level. However,....


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