XRP Holds the Line at $1.17
XRP fell below $1.20 after testing $1.30 and is now testing the trendline around $1.17.
It has also dropped below the EMA-50 (4H), adding to the bearish pressure.
If the current trendline fails to hold and XRP falls below $1.15, it could decline toward $1.10, with a possible test of $1.05.
On the upside, if XRP reclaims the EMA-50 (4H) and moves above $1.18, it could make a short-term recovery.
Keep your eyes on these key levels.
$XRP
XRP fell below $1.20 after testing $1.30 and is now testing the trendline around $1.17.
It has also dropped below the EMA-50 (4H), adding to the bearish pressure.
If the current trendline fails to hold and XRP falls below $1.15, it could decline toward $1.10, with a possible test of $1.05.
On the upside, if XRP reclaims the EMA-50 (4H) and moves above $1.18, it could make a short-term recovery.
Keep your eyes on these key levels.
$XRP