Ripple Price Prediction: XRP/USD Settles Below $0.80 Level

Ripple Price Prediction – February 11

The Ripple price prediction shows that XRP is facing the south as further downside may likely cross below the 9-day moving average.

XRP/USD Market

Key Levels:

Resistance levels: $0.95, $1.00, $1.05

Support levels: $0.65, $0.60, $0.55

Ripple Price Prediction
XRPUSD – Daily Chart

XRP/USD is sliding towards the 9-day moving average as the coin prepares to revisit the support level of $0.75 before it could start a new increase. After struggling to reach the $0.91 high, the Ripple price begins a steady decline towards the south. Therefore, as the coin faces the bearish movement, it may target the support at $0.75 as the price could move into a short-term bearish zone.

Ripple Price Prediction: Ripple Price Ready for Downward Move

At the time of writing, the Ripple price is currently exchanging hands at $0.77, and any attempt to cross below the 9-day moving average may likely bring it towards the 21-day moving average. However, traders may experience a quick buy if the coin reaches the support at $0.70, but traders should keep their eyes on the resistance levels of $0.95, $1.00, and $1.05.

Moreover, if the price fails to rebound, a bearish breakout is likely to trigger more downfalls for traders, which might cause the price to touch the nearest support and could further drop to $0.65, $0.60, and $0.55 support levels. The technical indicator Relative Strength Index (14) now heads below 60-level as the coin may fall more.

Against Bitcoin, the Ripple price is seen moving in sideways as the coin moves to cross below the 9-day moving average. However, if a rebound comes to play, the coin may face an upward trend, and the bullish continuation may take it to the resistance level of 2000 SAT and above.

XRPBTC – Daily Chart

Looking at the daily chart, if the bulls failed to hold the bearish movement, it may likely fall towards the 21-day moving average, and the nearest support level lies at 1700 SAT and below. However, the technical indicator Relative Strength Index (14) is crossing below 60-level, which indicates a bearish movement.

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