XRP Price Faces Resistance Below $2.150 After Recent Decline
XRP price is experiencing a decline, trading below $2.120 and confronting resistance near $2.150.
- Price declined below the $2.20 resistance zone.
- A low was formed at $2.023, with a current recovery attempt above the $2.050 level.
- Resistance exists at $2.10, coinciding with a bearish trend line and the 50% Fib retracement level.
- Major resistance levels are $2.150 and $2.1680; surpassing these could lead to further gains toward $2.20 or higher.
- If XRP does not clear $2.120, it may decline again, with initial support at $2.050 and major support at $2.020.
Indicators show a slowing bearish momentum in the MACD and an RSI above 50.
