The XRP price has been decreasing since it reached a high of $0.326 on August 2. The move resembles a correction, which suggests that XRP will make a lower low before resuming its downward trend. Top of the Upward Move? The XRP price has been increasing since March 13. On April 30, the price reached a high of $0.236, getting rejected by a long-term resistance area and initiating a
When Will the Correction End for XRP?
There is long-term resistance and support at $0.345 and $0.230, respectively.
Technical indicators show a loss of momentum in the daily trend.
The price has possibly completed a five-wave Elliott formation.
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