XRP Recovery Stalls—Are Bears Still In Control?
XRP price started a fresh decline from the $2.20 zone. The price is now consolidating and might face hurdles near the $2.120 level. XRP price started a fresh decline after it failed to clear the $2.20 resistance zone. The price is now trading below $2.150 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2.120 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might extend losses if it fails to clear the $2.20 resistance zone. XRP Price Faces Rejection XRP price failed to continue higher above the $2.20....
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