Ripple (XRP) Losing Crucial Support: Investors, Market Trending Bearish
Friday, 10 May 2024, 19:00
Ripple Investors Make No Effort
Ripple (XRP) price is facing a bearish outcome, with declining investor support and active addresses. The market indicates a 'sell' signal, with the Relative Strength Index (RSI) in the bearish zone.
XRP Price Prediction: Losing a Crucial Support
If XRP falls below the 23.6% Fibonacci Retracement level at $0.51, it could slide to $0.47, further dropping to $0.42. However, flipping the 23.6% Fib level into support could lead to a recovery, invalidating the bearish trend.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.