XRP to drop to less than 3 dollars? The price makes an unexpected step

Xrp It shows signs of weakness, and it seems that it is more likely to decrease to less than $ 3.00. After weeks of monotheism, the original finds it difficult to maintain its location, and the current basic procedure indicates that the sellers may soon be seized. Given the lack of strong support below the current level, an additional decrease may occur almost.

Current price for XRP, $ 3.07, about 1.61 % of the previous session decreased. The price was a decisive threshold, and the loss of the bullish momentum is clear. Buyers may try to install the price at $ 2.90, which is the closest support. The next decisive area that corresponds to 50 EMA ranges about $ 2 to 60 dollars if XRP decreases from this level.

The gap between these support levels and the current price, however, it comes to. Due to the lack of a lot of XRP from reconsidering $ 2.12, which is 100 EMA, a sharp decrease less than $ 3.00 can lead to a much deeper correction. This scenario is more likely due to the low size and pressure of the increasing sale. The bulls were frustrated due to the last XRP inability to break $ 3.30. The price is currently at risk of collapse due to the lack of enough momentum to raise it up.

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The downward slope indicates a decrease in the purchase of interest, although the relative strength index is still above 60 years. Another factor that gives credibility to the possibility of low price is low size. The recovery is still possible if the original can recover $ 3.20. However, the decrease of less than $ 3.00 will probably confirm a landmark if the market is unable to recover from its current levels.

With an imminent potential collapse, Xrp He is at a turning point. A sharp decrease of about $ 2.60 or even $ 2.12 can result from a decrease of less than $ 3.00. Correction is depth possible due to weak support under it. The bulls should intervene quickly or the XRP downside may lead to speed in the upcoming sessions.

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