CandleFocus XRP Price Eyes a Restart: Will the Bulls Take Charge Again?
2024-10-01
Author: Content Editor
The XRP price started a correction below the $0.650 level after reaching a high of $0.6642. It has tested the $0.6100 support and is currently consolidating losses. The price is currently trading above $0.6150 and the 100-hourly Simple Moving Average. However, it might face resistance near the $0.6320 and $0.6350 levels. If it fails to clear this resistance zone, it could continue to move down towards the $0.6080 support level. The next major support levels are at $0.600 and $0.580. The MACD is in the bearish zone and the RSI is below 50, indicating a bearish trend.
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