XRP Price Breaks Support
More Losses?
If XRP fails to clear the $0.4950 resistance zone, it could continue to move down. Initial support on the downside is near the $0.480 level.
The next major support is at $0.4740. If there is a downside break and a close below the $0.4740 level, the price might accelerate lower. In the stated case, the price could decline and retest the $0.4550 support in the near term.
Technical Indicators $XRP
Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone.
Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level.
Major Support Levels – $0.4800 and $0.4740.
Major Resistance Levels – $0.4950 and $0.5050.
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