[ad_1]
- Also the XRP falls along with other cryptos.
- The outperformance of the past is no longer relevant.
Ripple's XRP, the second largest crypt by market capitalization, has finally broken down some key levels in the long run and in the short term charts, resulting in a cryptic that loses the luster and outperformance of the crypto's past may not be more valid.
The XRP / USD rose more than 3 percent on the day to $ 0.3988, not much above the day minimum of $ 0.2990. On the 180-minute chart of the crypt, it stays below the descending trendline, giving enough strength to the bears to continue to attack the price, each time it climbs a little.
Although it manages to overcome this downward trend line, which is above $ 0.33, it has another larger resistance in the 21-week SMA form, placed at $ 0.41.
XRP / USD 180-minute chart:
Receive Crypto updates 24 hours a day on our social media channels: give a follow-up to @FXSCrypto and our Telegram channel of Trading Crypto FXStreet
[ad_2]Source link
