The XRP price has fallen below $1.80, its previous bottom.
XRP long-term analysis: bearish Technical Indicators:Resistance Levels: $2.80 and $3.00
Support levels: $1.80 and $1.60
XRP price indicators analysisThe downward-sloping moving average lines have now shifted horizontally. The price bars are below both the 21-day and 50-day moving averages. On the 4-hour chart, the moving averages have turned sharply downward. Doji candlesticks are present, indicating indecision.
XRP is declining after breaking below the $1.80 support. Bearish momentum has retested the $1.70 support twice before pulling back. The outlook remains negative, but selling pressure has stalled above $1.70 support level.
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.
