XRP Price Sees a Bearish Shift: Key Levels to Watch
XRP price struggled to continue higher above the $3.20 level. The price dipped below $3.00 and is currently attempting to start a recovery wave.
XRP price started a downside correction from the $3.20 zone.
The price is now trading below $3.050 and the 100-hourly Simple Moving Average.
There was a break below a key bullish trend line with support at $3.120 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair might start a fresh increase if it stays above the $3.00 support.