#XRP Price Analysis
tickers down
$0.52
has been oscillating between $0.46 and $0.52 for the past few days, indicating that the bulls are trying to start a recovery.
The relief rally is likely to face selling at the downsloping 20-day EMA ($0.55).
A sharp reversal from the 20-day EMA will signal that bears remain active at higher levels.
The XRP/USDT pair could retest the critical support at $0.46.
Instead, if the price breaks above the 20-day EMA, it will suggest that the correction may be over.
The pair could then rise to the 50-day SMA, extending its stay inside the $0.41 to $0.74 range for some more time.
