🚀 Crypto Here’s How Low XRP Can Go if $0.6 Fails (Ripple Price Analysis)

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Ripple’s price has been trending lower against both the USDT and BTC. Yet, market participants can still be optimistic as significant support levels are available.

Technical Analysis​

By TradingRage

The USDT Paired Chart​

Against USDT, the price has been dropping consistently since its rejection from $0.7. Yet, the $0.6 support level is preventing a further decline.

Nevertheless, in case of a breakdown, the 200-day moving average located around the $0.57 mark can still act as a potential turning point for XRP.


Source: TradingView

The BTC Paired Chart​

Looking at the chart against Bitcoin, the market has been trending lower for a long time. The XRP price is currently testing the 900 SAT support zone once again.

If XRP bounces off this level once again, it will likely attack the long-term bearish trendline. If the price breaks it to the upside, the 1200 SAT resistance level can be the next target. On the other hand, a break below the 900 SAT support zone can be disastrous, as it can lead to a significant crash.


Source: TradingView

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