xrp price faces resistance but is recovering after recent dip - XRP Price Hovers at Key Support, Fueling Debate Over Incoming Breakout
XRP price started a fresh decline below $2.10. The price is now struggling and faces resistance near the $2.050 pivot level.
- XRP price started a fresh decline below the $2.050 zone.
- The price is now trading below $2.050 and the 100-hourly Simple Moving Average.
- There is a bearish trend line forming with resistance at $2.120 on the hourly chart of the XRP/USD pair (data source from Kraken).
- The pair could continue to move down if it settles below $2.00.<