XRP Slips to $2.37 – Approaching Key Support Levels
XRP/USDT is currently trading at $2.3700, down 2.10% in the last 24 hours. With a 24h low of $2.3126, XRP is flirting with critical support as sellers test the MA(99) line around $2.31.
The recent high at $2.6549 indicates short-term volatility, while the 24h volume stands at 119.90M XRP, reflecting moderate market activity. The downtrend is confirmed by MA(7) crossing below MA(25), suggesting bearish momentum.
Is this the bottom or a continuation of the downtrend? Keep an eye on the $2.31 level for potential reversal signs.
Disclaimer: This post is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.