XRP at $1.40: Fed Decision and Ripple Swell Loom in 15 Days
- —XRP trades near $1.40, below EMA21 at $1.4153 and EMA55 at $1.4508
- —Bearish break of structure at $1.4458 confirmed a trend shift
- —XRP is down 17.6% year-to-date vs BTC -3.5% and ETH -9.5%
- —XRP market cap is about $88.4 billion, or 3.1% of the total market
Why it matters: A close above $1.4510 would invalidate the bearish setup, while a break below $1.3812 opens the way to $1.3189 and $1.2468.
Source: Cryptonews.net