After trending briefly bearish for three months, XRP looks ready for a major sell following a recent breakdown from a critical support level. It currently trades at support after slightly rejecting a five-month low. Closing last month’s trading with a complete head-and-shoulder pattern on the daily chart, XRP bounced off the neckline for three days and released pressure yesterday. This led to a key breakdown from a critical $2 level, which has been a serving as support for four months. The price dipped to $1.61 for the first time in five months, although it has recovered briefly to where is
The post RIPPLE PRICE ANALYSIS & PREDICTION (April 7) – is XRP on The Road to $1 After Finally Bridging This Critical Support? appeared first on The Merkle News.
