Ripple Price Prediction: XRP/USD Fails to Break Out Above $0.30; Price Down with 6% Loses
XRP Price Prediction – January 15
XRP/USD has been trading sideways for the past week as it seems that bulls can’t push its price above $0.30.
XRP/USD Market
Key Levels:
Resistance levels: $0.45, $0.50, $0.55
Support levels: $0.15, $0.10, $0.05
Earlier today, XRP/USD touches the daily high of $0.30 before giving a bearish signal at the time of writing, the coin is seen floating within the 9-day and 21-day moving averages as the technical indicator RSI (14) moves below 45-level. Meanwhile, a break below the channel could give the market enough strength to dig dip, but crossing above the moving averages might lead the market to a bullish scenario.
What to Expect from Ripple (XRP)
At the moment, the Ripple price keeps demonstrating a sign of weakness across its markets. Looking at the daily chart, XRP/USD market is down by 6.01%, reflecting a price drop in … Read more