"XRP Facing Downtrend – Key Support Levels to Watch"XRP is trading within a descending channel, struggling to break above key resistance levels. The price has rejected the moving average and is showing potential downside movement. Fibonacci retracement levels highlight key support at $2.31 (0.786 Fib) and $2.02.
If the bearish momentum continues, a retest of the lower trendline may be likely. Can XRP find support and bounce back, or will the downtrend persist? Let us know your thoughts.
#XRP #Ripple #CryptoAnalysis #TechnicalAnalysis #Trading