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XRP Price Weakens Gradually: Can It Find Support? Newsbtc 6 днів тому

XRP Price Weakens Gradually: Can It Find Support? 📉

XRP

XRP's price has been struggling to maintain momentum above the $2.75 mark and recently saw a drop, currently trading under $2.60 and its 100-hourly Simple Moving Average. A new decline began as the price couldn't surpass $2.80, with resistance forming at $2.50 on the hourly chart.

The price may climb back if it clears the $2.60 resistance zone. However, if it doesn't overcome the $2.50 resistance, it could decline further, with initial support at $2.260 and major support at $2.1450. A downside break could see it fall toward the $2.00 support level.

The hourly MACD is gaining pace in the bearish zone, and the RSI is below 50, indicating potential for further losses.

Джерело: www.newsbtc.com ↗

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