XRP price experienced a fresh decline, falling below the $2.250 and $2.20 support levels and remains at risk of further losses. The price is trading below the 100-hourly Simple Moving Average and key resistance levels.
A bearish trend line is forming with resistance at $2.20 on the hourly chart of the XRP/USD pair (data source from Kraken), indicating the pair might continue to move down without a close above the $2.30 resistance zone.
XRP dipped below the $2.120 support, forming a low at $2.0220, and struggles to hold above $2.0. A clear move above $2.30 may propel the price towards $2.350 resistance and beyond, while failing to clear $2.20 could initiate another decline toward $1.880.
Nguồn: www.newsbtc.com ↗