XRP falls into $ 2.2 as the market turns into a decline.
Main support levels: $ 2, $ 1.6
Main resistance levels: $ 3, $ 3.4
1. Return bears
Over the past 24 hours, the XRP price has decreased by 8 % and approached $ 2.2. This momentum has turned the landing, and the price can easily test the main support at $ 2 in the coming days if nothing changes. To maintain optimism, XRP must stop this landmark at $ 2.
2. The buyers are still shy
In the past two weeks, sellers have taken control of the cookie, which is red. This prompted the price to a decrease, but the main support at $ 2 is still intact. This provides an opportunity for buyers to return to this level if sellers try to break it.
3. The main declining cross
Unfortunately for the bulls, the weekly MACD is flashing a large declining cross, which will be confirmed this weekend. If so, the possible result will be a continuation of the current lower price levels and low price levels. All eyes remain in support of $ 2, which will be decisive. Failure there and XRP can visit $ 1.6 after that.
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Crossed currency plans By TradingView.
