19-07-2024 06:48 via newsbtc.com

XRP Price Faces a Dip, Yet Uptrend Support Holds Firm

XRP price struggled near $0.6375 and corrected gains. The price is now trading near $0.540 and might remain stable unless it dives below $0.520.XRP price started a downside correction from the $0.6375 zone.
The price is now trading below $0.580 and the 100-hourly Simple Moving Average.
There was a break below a connecting bullish trend line with support at $0.580 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair could extend losses if there is a move below $0.540 and $0
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