After monitoring this one for the last 10 days, we have seen a lot of things, starting with a nice breakdown and also the price teasing that 100EMA as well. The price remaining below the 100 EMA and the resistance zone, which is a bearish indicator for us, further confirms the breakdown we had.
We are still keeping an eye out for that lower support zone to be reached near $0.535, so let's see how this week we will be moving on the XRP.
Comment
⋅
The price is still staying nicely below 200 EMA, where it has been trying to re-test it as well and holding the zone! Further movement to lower zones is still on the table here