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Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => XRP - Ripple Forum => Topic started by: Cinno3 on October 22, 2020, 09:52:07 AM

Title: Ripple (XRP) Near Crucial Juncture: Here’s Why It Could Decline Sharply
Post by: Cinno3 on October 22, 2020, 09:52:07 AM
Ripple failed to extend gains above $0.2580 and declined sharply against the US Dollar. XRP price is likely to decline heavily if it breaks the key $0.2300 support zone. Ripple Price is Testing Important Support
This week, we saw a fresh decline in bitcoin, Ethereum, and ripple. XRP price failed to stay above the $0.2500 and $0.2450 support levels, and moved into a bearish zone.

There was a sharp decline after there was a close below the $0.2440 support and 100 simple moving average (4-hours). More importantly, there was a break below a crucial bullish trend line with support near $0.2440 on the 4-hours chart of the XRP/USD pair.
More: https://www.newsbtc.com/news/ripple/ripple-xrp-near-crucial-juncture/