The price of XRP has experienced a fresh decline, dropping below key support levels of $2.450 and $2.350. It is currently consolidating losses and remains at risk for further declines. Despite a brief recovery attempt, the bears have been active at the $2.350 level. A key bearish trend line has formed with resistance at $2.250. The price is now trading below $2.30 and the 100-hourly Simple Moving Average. If it fails to clear the $2.250 resistance zone, it may begin another decline, with initial support at $2.1480. The next major support levels are around $2.120 and $2.00.



Other News from Today