{"id":418918,"date":"2020-03-23T04:18:54","date_gmt":"2020-03-23T04:18:54","guid":{"rendered":"https:\/\/wncen.com\/?p=418918"},"modified":"2024-06-11T13:46:40","modified_gmt":"2024-06-11T13:46:40","slug":"ripple-xrp-is-plunging-but-its-too-early-to-say-bulls-have-given-up","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple-xrp-is-plunging-but-its-too-early-to-say-bulls-have-given-up\/","title":{"rendered":"Ripple (XRP) Is Plunging, But It’s Too Early to Say Bulls Have Given Up 2020-03-23"},"content":{"rendered":"
Ripple is down more than 5% and it broke the $0.1550 support region against the US Dollar. However, XRP price is still trading nicely above the key $0.1450 and $0.1420 support levels.<\/em><\/p>\n
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Ripple price started a fresh decline from the $0.1620 resistance area against the US dollar.<\/li>\n
The bears were able to push the price below the $0.1550 and $0.1500 support levels.<\/li>\n
There is a key bearish trend line forming with resistance near $0.1540 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n
The price is likely to remain well bid above the $0.1450 and $0.1420 support levels in the near term.<\/li>\n<\/ul>\n