XRP Price Analysis
tickers down
€2.30
The price turned lower from the downtrend line on December 12, but the bears are struggling to drag the price towards the 20-day exponential moving average ($2.11).
The bulls bought the minor dip and are once again trying to push the price above the downtrend line. If successful, the XRP/USDT pair could rally to $2.65. This level could act as a strong barrier, but if crossed, the rally could reach $2.91. The bears are expected to defend the $2.91 level with all their might as a break above this level would clear the way for a possible rally towards $3.50.
The 20-day exponential moving average and the 61.8% Fibonacci retracement level of $1.90 are likely to act as a strong support on the downside.#XRP🚀
