🚀Hello crypto lovers! There is interesting news about Ripple (XRP) which is down 7% this week. 😅 Let's take a look at the following XRP price analysis:

- On the USDT chart, the XRP price is testing the $0.6 support level. If it breaks through, the next support is at the 200-day moving average at $0.55.

- If the price falls below the 200-day moving average, it could be a disaster, because the market trend will be bearish again.

- On the BTC chart, the XRP price failed to stay above the 200-day moving average, now around 1900 SAT.

- However, the 1600 SAT support level is still holding the price from falling further to the 1250 SAT area.

- The Relative Strength Index (RSI) also shows a value below 50%, indicating bearish momentum. So, it is likely that the 1600 SAT support will be broken.

What do you think? Will XRP rise again or continue to fall? 🤔 Let's discuss in the comments column! 💬