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Ripple Price Forecast: XRP rejected from $0.72 amid multiple sell signals

source-logo  coingape.com 30 June 2021 04:36, UTC
  • Ripple price gained ground to settle briefly above $0.7 but hit a barrier under $0.72.
  • Losing support at $0.7 opened the Pandora box as a correction to $0.64 becomes apparent.

Ripple price was able to break the resistance at $0.7 on Tuesday. This move allowed bulls to stretch the up leg to $0.72. However, the seller congestion at the 200 Simple Moving Average (SMA) on the two-hour chart stopped the bullish action.

coingape.com