Why XRP is falling fast below $1.40: are bears in full control?

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XRP has slipped below a key support level, and the market is starting to feel the pressure. The altcoin has dropped below $1.40, a level that had been holding the price steady, and bears now seem to be in control. The bear pressure has pushed XRP down toward the $1.36 region, where it is now struggling to stabilise. A breakdown that changed the XRP price outlook The loss of $1.40 has changed the entire short-term outlook for XRP. This level is no longer acting as support, but instead has become a barrier that the price now struggles to reclaim. Each attempt to move back above it has been met with selling pressure, which is a classic sign of weakness.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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