Ripple Price Analysis: XRP bears push for a downswing below $0.51

in hive-116221 •  4 years ago 

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XRP/USD drop to $0.5270 while extending the previous day's pullback to early Friday. The altcoin's latest weakness could be traced from its repeated failures to cross 10-day SMA as well as the first bearish MACD signal since the early January.

This keeps the ripple sellers hopeful. However, an upward sloping trend line from the initial February, close to $0.5100, restricts the quote's immediate downside.


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