Ripple (XRP) price has fallen sharply despite recent market optimism. 📉
Last week, XRP broke the $0.6 resistance level against USDT, but failed to hold and quickly fell below the 200-day moving average ($0.55). The RSI decline below 50% indicates a bearish trend, and a drop to $0.5 is expected in the near future.
Against BTC, the situation is similar, with XRP gradually falling below the 200-day SMA (850 SAT). If the 800 SAT level is broken, a further decline to 600 SAT is possible. The RSI also shows a bearish trend, but the situation may change if the 800 SAT level holds.