Ripple (XRP) price disappointed investors. The market crashed suddenly just as it seemed like a new bull run was starting. 📉
Against USDT, XRP failed to stay above $0.6 and fell below the 200-day moving average. The RSI is below 50%, indicating that market momentum is declining.
A similar situation is happening against BTC. Falling below the 200-day moving average, XRP broke the 800 SAT support level. A drop towards the 600 SAT level seems likely.