What is the situation in XRP? XRP trading volume was at its average level yesterday. Buyers could not overcome the resistance of the upper trend line and the price fluctuated at the level of $ 0.20, which is psychological all day.
Today, the price decline may be limited to bottom-up trend line support. If sellers manage to push support to $ 0.187, the chances of retesting $ 0.213 resistance will be sharply reduced.
In the daily chart, XRP made a bearish trend on the RSI indicator. In addition, the trading volume continued to decrease, that is, it has already reached a local peak and the correction was made. In summary, the nearest region XRP can reach can be called $ 0.18 support. According to CoinMarketCap data, XRP was trading at $ 0.1984 at the time of writing.
