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Jun 19, 2020 1:38 PM

XRP/USD: Can the Coin Get Out from the Bearish Trap Soon? 

XRP / U.S. dollarBitstamp

Description

Minor rollbacks on small time frames do not change the bearish long-term picture. The trading volume keeps declining and XRP cannot break get out of the falling channel. The $0.1870 mark is the first stop where buyers might show their strength. If it is broken, the next vital support is around $0.1740. If bears keep pushing the rate deeper, the above-mentioned zones might be broken in July 2020.

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