Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => XRP - Ripple Forum => Topic started by: Cinno3 on October 22, 2020, 10:00:20 AM
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Ripple is down 5% and it broke the key $0.2300 support zone against the US Dollar. XRP price tested the next major support at $0.2200 and it is currently struggling to recover higher. Ripple Price Testing Key Support
Yesterday, we discussed the chances of a sharp decline in ripple below $0.2300. XRP price failed to recover above the $0.2400 resistance and started a fresh decline below the key $0.2300 support level.
It declined 5% and traded below the $0.2250 support. It even spiked below $0.2200 and settled well below the 100 hourly simple moving average. A new weekly low is formed near the $0.2195 level and the price is now consolidating losses.
More: https://www.newsbtc.com/news/ripple/ripple-xrp-price-plunges-to-022/