XRP Update: Price on Watch as Support Levels Tested
XRP is feeling the heat! The price dipped 0.61% in the last 24 hours and is currently testing support around $0.4835.
Here's the breakdown:
Short-term: If XRP can't hold above $0.4835, we might see a further drop to $0.48.Daily: The trend is bearish, with a potential fall to $0.46 if buyers don't step up.Mid-term: Keep an eye on $0.50. If the weekly candle closes far below it, a drop to $0.40 by month's end could be in play.
Overall, XRP needs some bullish momentum to break out of this downtrend. Stay tuned for updates!