{"id":418666,"date":"2020-03-20T04:08:43","date_gmt":"2020-03-20T04:08:43","guid":{"rendered":"https:\/\/uniquehot.com\/?p=418666"},"modified":"2024-06-11T13:46:35","modified_gmt":"2024-06-11T13:46:35","slug":"ripple-xrp-lack-of-strength-false-rally","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ripple-xrp-lack-of-strength-false-rally\/","title":{"rendered":"Ripple (XRP) Lack of Strength Suggests False Rally or Just Correction"},"content":{"rendered":"
Ripple is up more than 10% and it broke the $0.1550 resistance region against the US Dollar. However, XRP price is lacking strength and pointing a fresh decrease in the near term.<\/em><\/p>\n
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Ripple price is up more than 10% and it tested the $0.1720 resistance against the US dollar.<\/li>\n
It is now showing a few bearish signs and trading below the $0.1650 level.<\/li>\n
There is a key bullish trend line forming with support near $0.1570 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n
The price is likely to revisit the $0.1580 and $0.1550 support levels in the near term.<\/li>\n<\/ul>\n