Cryptocurrencies

Ripple (XRP) Price Flirting With Disaster

The price of ripple has been weak for some time now, but that wasn’t really a big deal as it was firmly entrenched above the key support of 25 cents.

Gonna Make You Sweat Till You Bleed

That was a great line in an old dance song, but it may hold true for ripple price.  Right now HODL’ers are definitely sweating as price as pressed 25 cents over and over.

The last test did not produce much of a bounce and now price is testing 25 cents again right quick.

Honestly, you can’t even really see it in the chart because of how much I needed to zoom out.

A Wide Look For Support

If you look at the chart in this post you will see we had to go back to 2017 to find the next real support under 25 cents.

15 cents is likely the next stop if ripple finally fails at 25.   Which basically is its all-time lows.

Not exactly what ripple bulls are looking for considering we had a mini “bull run” in crypto the first half of the year.  Not that alts participated all that much.

Interesting times ahead, indeed.

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