Ripple (XRP) Price Predictions for This Week
XRP drops to $2.2 as market turns bearish.Key Support levels: $2, $1.6Key Resistance levels: $3, $3.41. Bears ReturnOver the past 24 hours, XRP’s price fell by 8% and approached $2.2. This has turned the momentum bearish, and the price could easily test the key support at $2 in the coming days if nothing changes. To maintain optimism, XRP has to stop this downtrend at $2.2. Buyers Remain ShyIn the past two weeks, sellers have dominated the volume profile, which is in red. This pushed the price lower, but the key support at $2 remains intact. This provides an opportunity for buyers to return at that level if sellers attempt to break it.3. Major Bearish CrossUnfortunately for bulls, the weekly MACD is flashing a major bearish cross, which will be confirmed at the end of this week. If so, the likely outcome will be a continuation of the current downtrend and lower price levels. All eyes remain on the $2 support, which will be decisive. Failure there and XRP could visit $1.6 next.