{"id":639127,"date":"2024-09-02T04:28:58","date_gmt":"2024-09-02T04:28:58","guid":{"rendered":"https:\/\/uniquehot.com\/?p=639127"},"modified":"2024-09-02T04:00:02","modified_gmt":"2024-09-02T04:00:02","slug":"xrp-price-struggles-0-5440","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/analysis\/xrp\/xrp-price-struggles-0-5440\/","title":{"rendered":"XRP Price Struggles: Can It Break Free from the Downtrend?"},"content":{"rendered":"
XRP price extended losses below the $0.5650 support. The price is showing bearish signs and might even decline below the $0.540 level.<\/em><\/p>\n
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XRP price started a fresh decline below the $0.600 zone.<\/li>\n
The price is now trading below $0.5650 and the 100-hourly Simple Moving Average.<\/li>\n
There is a connecting bearish trend line forming with resistance at $0.5560 on the hourly chart of the XRP\/USD pair (data source from Kraken).<\/li>\n
The pair could attempt a recovery wave if it clears the $0.5650 resistance zone.<\/li>\n<\/ul>\n