{"id":607326,"date":"2024-05-10T04:28:34","date_gmt":"2024-05-10T04:28:34","guid":{"rendered":"https:\/\/www.wncen.com\/?p=607326"},"modified":"2024-06-11T09:40:46","modified_gmt":"2024-06-11T09:40:46","slug":"xrp-price-consolidates-0-530","status":"publish","type":"post","link":"https:\/\/www.wncen.com\/news\/ripple\/xrp-price-consolidates-0-530\/","title":{"rendered":"XRP Price Consolidates Below $0.530: What Could Trigger More Losses?"},"content":{"rendered":"
XRP price is consolidating losses above the $0.500 support. The price could extend losses if it fails to recover above the $0.530 resistance zone.<\/em><\/p>\n
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XRP extended losses and traded below the $0.530 support.<\/li>\n
The price is now trading below $0.5250 and the 100-hourly Simple Moving Average.<\/li>\n
There was a break above a connecting bearish trend line with resistance at $0.5150 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n
The pair could start another increase if the bulls push the price above $0.530.<\/li>\n<\/ul>\n