#Xrpš„š„ If XRP fails to clear the $2.480 resistance zone, it could start another decline. Initial support on the downside is near the $2.40 level. The next major support is near the $2.350 level.
If there is a downside break and a close below the $2.350 level, the price might continue to decline toward the $2.320 support. The next major support sits near the $2.250 zone.
Technical Indicators
Hourly MACD ā The MACD for XRP/USD is now losing pace in the bullish zone.
Hourly RSI (Relative Strength Index) ā The RSI for XRP/USD is now below the 50 level.
Major Support Levels ā $2.40 and $2.350.
Major Resistance Levels ā $2.480 and $2.50.