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Disclaimer: Opinions expressed herein are not investment advice. It is provided for informational purposes only. It does not necessarily reflect the views of U.Today. All investments and all transactions involve risk, so you should always conduct your own research before making any decision. We do not recommend investing money that you cannot afford to lose.
Most coins have a rate of going down.
XRP price has fallen 5.40% since yesterday. Last week, the price he fell 28.76%.
On the hourly chart, XRP is trading near the local support level of $0.34894. In the absence of a rally, the breakout could be followed by a plunge to the $0.34 zone.
Even the daily chart is bearish as it continues to fall after yesterday’s candlestick.
A break below $0.35 could test the closest support level at $0.3119.
XRP is heading towards the $0.2870 support level in the weekly timeframe. At this time, attention should be paid to closures. A break below the critical $0.30 level could continue the downside to $0.25 next week.
XRP is trading at $0.3520 at the time of writing.
