$0.22: Ripple (XRP) Bears Aim Big After Recent Slide Below $0.25

[Lenipiw]

Ripple declined heavily along with bitcoin and ethereum against the US Dollar. XRP price even broke the $0.2500 support zone and it is currently correcting losses.
Ripple Price Tumbles Below $0.2500
The recent decline in Ethereum and bitcoin dragged ripple lower below the $0.2650 support. XRP extended its decline below the $0.2550 support zone and settled well below the 100 hourly simple moving average.

The bears even pushed the price below the $0.2500 support zone. The price traded to a new weekly low at $0.2372 and it is now correcting higher. There was a break above the $0.2450 resistance, plus the 23.6% Fib retracement level of the recent decline from the $0.2674 high to $0.2372 low.
Visit here: https://www.newsbtc.com/2020/09/04/ripple-xrp-bears-aim-big-022/