[NEWS BLOG] Ripple (XRP) Price Down 2%, Bears Sight $0.2000 Or Even Lower

  • Ripple price is sliding and it is under pressure below the $0.2200 resistance against the US dollar.
  • The price is now trading below $0.2150 and it could decline further below $0.2100.
  • There is a crucial bearish trend line forming with resistance near $0.2180 on the hourly chart of the XRP/USD pair (data source from Kraken).
  • There are high chances of a drop towards the $0.2020 and $0.2000 support levels.

Ripple price is declining steadily below key supports against the US Dollar and bitcoin. XRP price could continue to move down and the bears might target $0.2000.

Ripple Price Analysis

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Posted Date: 2019-12-16
Source: https://www.newsbtc.com/2019/12/16/ripple-xrp-price-down-2-bears-sight-0-2000-or-even-lower/


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