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06 March 2021

Ripple Price Analysis: Risk of More Losses Towards $0.46 | Live Bitcoin News

Ripple Price Analysis: Risk of More Losses Towards $0.46 | Live Bitcoin News


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After an upside break above the $0.5500 resistance, ripple price faced a strong resistance against the US Dollar.

There was a break below the $0.5500 support level and the 55 simple moving average (4-hours).

However, the price seems to be facing a strong resistance near the $0.5500 zone and the 55 simple moving average (4-hours).

A clear break above the $0.5500 resistance may possibly start a fresh increase above the $0.5800 level.

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