Ripple (XRP) Could Avoid Another Setback if it Stays Above 100 SMA

[Dociko]

After a decent upward move above $0.2350, ripple faced hurdles near $0.2380. XRP price traded as high as $0.2385 and recently started a downward move.

There was a break below the $0.2450 and $0.2420 levels. The price even broke the 50% Fib retracement level of the upward move from the $0.2310 low to $0.2485 high. Moreover, there was a break below a major rising channel with support near $0.2430 on the hourly chart of the XRP/USD pair.
Details: https://www.newsbtc.com/2020/09/11/ripple-xrp-stays-above-100-sma/