Ripple Price Analysis: XRP/USD could get stuck at 0.2258

Ripple is trading nearly 1.5% higher today as sentiment has bounced.
There are some key confluence areas about the current price to watch.

Rajan Dhall, MSTA FX Daily

XRP/USD daily chart

Its been quite some fall from grace for Ripple. On February 15th XRP/USD was trading as high as 0.3463.

Since the price has made lower highs and lower lows and the pair is still in a technical downtrend.

The psychological 0.20 support was enough to stem the losses for now.

On the upside, there is a resistance zone at 0.2265 that could halt the bulls in their tracks.

Also, there is the 0.22 psychological level too.

Author

Rajan Dhall, MSTA

FX Daily

Rajan Dhall is an experienced market analyst, who has been trading professionally since 2007 managing various funds producing exceptional returns.

Top Crypto Losers: Zcash, Pump.fun, and LayerZero extended losses as Bitcoin loses $65,000

The cryptocurrency market starts the week in panic mode, with altcoins Zcash, Pump.fun, and LayerZero. Bitcoin falls below $65,000 as the US President Donald Trump regroups amid renewed trade policy risks.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC breakdown hints at deeper correction

Bitcoin, Ethereum and Ripple prices are extending losses on Monday after falling slightly the previous week. BTC is slipping below the lower consolidation range at $65,000, and ETH is falling below $1,900, both extending their six-week losing streaks.