Ripple (XRP)
#XRP is right on the 54 cents support, with sellers keen to push it under. The price closed the week with a 4% loss, and the momentum is bearish. If nothing changes, the current support may be lost soon. Should that happen, XRP may fall to 50 cents next.
With low volume and bears in control, the options for this cryptocurrency appear limited at this time and momentum continues to favor the sell side.
Looking ahead, XRP may fall to 50 cents or lower before buyers become interested again. Watch the current support for a confirmation of this bearish bias.