XRP Price Takes Another Hit As Bitcoin-Led Weakness Spreads Across Crypto
XRP price extended losses and traded below $1.20. The price is now consolidating losses and faces hurdles near $1.1920 and $1.1950.XRP price started another decline and traded below the $1.20 zone.
The price is now trading below $1.20 and the 100-hourly Simple Moving Average.
There is a bearish trend line forming with resistance at $1.1950 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair could continue to move down if it stays below $1.20.XRP Price Nosedives Below $1.2
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