XRP price started a fresh decline below the $2.420 zone. The price is now showing a few bearish signs and might decline below the $2.30 level.
XRP price started a fresh decline after it failed to clear the $2.420 resistance zone. The price is now trading below $2.40 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2.35 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might extend losses if it breaks the $2.30 support zone. XRP Price Extends Losses
XRP price failed to continue higher above the $2.420 resistance zone and reacted to the downside, like Bitcoin and Ethereum. The price declined below the $2.40 and $2.35 levels.
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