XRP price slashes post wavering
In the early hours, the price was travelling beyond $1.04, approaching $2. But the momentum has ceased and the downtrend is on board. The price dipped first to $1 and further to $0.96. The trend change from the nearest high support level is around 30% indicating that Ripple price is falling into a bearish trap currently. With strengthening buy signal, the RSI strikes at 35 and is expected to flip into an overbought state.
Support level is at $1.030
Resistance level is at $ 1.043
Support level is at $1.030
Resistance level is at $ 1.043
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.