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XRP Price Struggles to Keep Pace: What’s Holding It Back? Newsbtc vor 1 Woche

XRP Price Struggles to Keep Pace: What’s Holding It Back? 📉

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XRP's price is showing bearish signs as it fails to sustain its position above the $2.75 resistance level. The cryptocurrency has dipped below the $2.60 mark, trading beneath the 100-hourly Simple Moving Average. Despite attempts at recovery, the price has struggled, facing resistance near $2.60.

A connecting bearish trend line is forming on the XRP/USD hourly chart, indicating potential future challenges for the asset. If XRP does not break past the $2.60 resistance, it may face further decline. Support levels to watch include $2.260 and $2.150, with a downside break risking a dip to $2.00.

Quelle: www.newsbtc.com ↗

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