Ripple Price Analysis: Sellers Dominate Under $0.80
- A close above the $0.8000 level might send the price up to the $0.8500 mark
- Ripple fell rapidly below $0.7500 and the 55-day simple moving average (4-hours)
- According to the chart, the price of Ripple is currently trading below $0.7800 and the 55 simple moving average (4-hour)
After failing to break beyond the $0.8650 level, the ripple price began a new fall against the US dollar. The XRP/USD pair dropped below the $0.8500 support level, entering a bearish zone.
Read More: Ripple Price Analysis: Sellers Dominate Under $0.80