XRP Price Struggles Below $0.50 Resistance, Potential for Further Declines

XRP price encountered significant resistance and failed to breach the $0.500 threshold. The cryptocurrency is currently experiencing downward pressure, with bearish indicators suggesting further declines below the $0.4850 support level. Notably, a break below a short-term rising channel around $0.4920 has further contributed to the bearish outlook. XRP’s price outlook hinges on key support levels

Source: CoinOtag