XRP has turned down from the resistance line on April 28 and slipped below the moving averages on April 30.
If the price continues to decline and closes below the moving averages, it indicates that the bears have taken control. The pair may revisit the important support level at $2. If this level is also breached, the XRP/USDT pair could plummet to $1.61.
The resistance line continues to be a level to watch on the bullish side. If the bulls break through the resistance line, it suggests that the downtrend may have ended. The pair could advance to $3.
