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XRP Price Struggles at $2.280, Potential Decline Below $2.150
XRP Price Analysis
- XRP is trading near $2.180, facing resistance at $2.2250.
- The price previously hit a high of $2.286 before starting a downward correction.
- A bearish trend line is forming with resistance at $2.2250 on the hourly chart.
- Key support levels are at $2.150 and $2.10.
- Resistance levels to watch are $2.250 and $2.280.
Potential Movements
- If XRP breaks above $2.2250, it could test $2.250 and potentially rise to $2.2850 or $2.350.
- A failure to clear $2.250 might lead to a decline towards $2.150, with further support at $2.10 and $2.00.
Technical Indicators:
- MACD is losing pace in the bullish zone.
- RSI is below the 50 level, indicating potential downside pressure.
