Markets· ★★★· bearish·

XRP Falls 5.84% to $1.41, Tests Key Support

  • —XRP trades at $1.41 after a 5.84% daily drop
  • —Price sits below 7-, 15-, 30- and 50-day SMAs; MACD stays bearish
  • —$1.41 support coincides with the daily low and 38.2% Fibonacci level
  • —Daily volume of $3.36B is 9.78% below the 30-day average
Why it matters: Holding $1.41 will set XRP's near-term trend; a break below opens the door to a deeper correction.
Source: DiarioBitcoin