CandleFocus

XRP Price Trapped In Consolidation: Will Bulls Break Free?

The XRP price is facing resistance at the $0.5880 level and is currently testing the $0.5840 support. If it fails to clear the resistance, it could continue to decline towards the $0.5800 and $0.5740 support levels. On the upside, a move above the $0.5960 resistance could send the price towards the $0.600 and even $0.6050 or $0.6120 levels. The MACD is in the bearish zone and the RSI is below the 50 level.

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