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XRP Price Falls Below Support, Bearish Momentum Builds Newsbtc vor 1 Monat

XRP Price Falls Below Support, Bearish Momentum Builds 📉

Ethereum XRP Kraken USA Bitcoin

XRP price initiated a decline from the $0.5980 area, failing to clear the $0.60 resistance. It's trading below $0.5720 and the 100-hourly SMA, showing bearish momentum.

The break below a key bullish trend line at $0.5850 has exacerbated the decline. XRP could drop heavily if it closes below the $0.550 pivot level.

Technical indicators like the MACD and RSI are in bearish zones, pointing toward potential further downside to major support levels of $0.5550 and $0.5420.

Quelle: www.newsbtc.com ↗

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