{"id":626807,"date":"2024-06-28T04:18:28","date_gmt":"2024-06-28T04:18:28","guid":{"rendered":"https:\/\/wncen.com\/?p=626807"},"modified":"2024-06-28T03:53:08","modified_gmt":"2024-06-28T03:53:08","slug":"xrp-price-fails-0-480","status":"publish","type":"post","link":"https:\/\/wncen.com\/analysis\/xrp\/xrp-price-fails-0-480\/","title":{"rendered":"XRP Price Fails To Ignite: Understanding The Downward Risks"},"content":{"rendered":"
XRP price is attempting to recover above the $0.4700 resistance zone. The price could decline again if it fails to clear the $0.4825 resistance zone.<\/em><\/p>\n
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XRP price is still struggling to gain pace for a move above the $0.4800 resistance zone.<\/li>\n
The price is now trading above $0.4720 and the 100-hourly Simple Moving Average.<\/li>\n
There was a break above a crucial bearish trend line with resistance at $0.4710 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n
The pair might gain bullish momentum if there is a close above the $0.4825 resistance.<\/li>\n<\/ul>\n