XRP Price Sinks Lower, But Chart Whisperers See a Trap for The Bears

XRP Price Sinks Lower, But Chart Whisperers See a Trap for The Bears

XRP price started a downside correction below the $2.50 zone. The price is now consolidating and might find bids near the $2.350 support zone. XRP price started a fresh decline below the $2.550 zone. The price is now trading below $2.50 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2.420 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase if it stays above the $2.350 support. XRP Price Dips Further XRP price started a downside correction from the $2.650 zone, like Bitcoin and....


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