Ripple Price Analysis: XRP Could Plunge to $1.6 if This Support Fails

Description

Ripple’s price is experiencing a significant decline, alongside the whole crypto market, and is likely to continue dropping lower if Bitcoin fails to recover soon. By Edris Derakhshi (TradingRage) The USDT Paired Chart On the daily chart of the XRP/USDT pair, the price has been trending lower following the rejection from the $3 resistance zone earlier in January. Currently, the market is testing the $2 support level, and if a breakdown occurs, a further decline toward the 200-day moving average,...