XRP Faces Resistance Amid Recovery Attempts
- XRP price declined below the $2.080 zone after failing to clear the $2.20 resistance.
- The current trading price is below $2.120 and the 100-hourly Simple Moving Average.
- A connecting bearish trend line with resistance at $2.10 is forming on the hourly chart.
- Major resistance levels are identified at $2.150 and $2.1680.
- Key support levels are near $2.050 and $2.020, with potential declines toward the $1.880 zone if breached.
XRP’s recent decline has led to a recovery attempt, yet it faces significant resistance around the $2.150 mark, with crucial support at $2.050 and further down at $2.020.
Source (2.6)https://www.newsbtc.com/analysis/xrp/xrp-bulls-fight-back-2-120/?rand=52377