Ripple (XRP) Near Crucial Juncture: Here’s Why It Could Decline Sharply

[Dociko]

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 is now trading well below the $0.2400 and $0.2380 support levels against the US dollar.
The price is facing many hurdles and it is now well below the 100 simple moving average (4-hours).
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 (data source from Kraken).
The pair is likely to decline sharply if there is a close below $0.2300 and $0.2280.
Details: https://www.newsbtc.com/2020/09/23/ripple-xrp-near-crucial-juncture/?amp