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Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => XRP - Ripple Forum => Topic started by: MRM on September 05, 2020, 07:33:09 PM

Title: Ripple Faces Rejection at $0.26, May Slump to $0.19 Low
Post by: MRM on September 05, 2020, 07:33:09 PM
Yesterday, buyers could not hold the $0.26 support as bears broke the support level. The implication is that further downward move is likely.

Initially, the coin dropped to $0.23 low but it is now trading at $0.25 at the time of writing. Buyers have an uphill task to push the coin to the previous highs. However, a strong bounce above $0.23 support will propel price above the EMAs.
Source: https://coinidol.com/ripple-may-slump/