• XRP price is down 50% since the peak of nearly $2.00 on April 14.
  • The Tom DeMark (TD) Sequential indicator presented a sell signal on the weekly chart.
  • Further selling pressure could see Ripple dive to $0.50. 

XRP price is currently holding above a crucial support level. While several indicators have turned bullish, only an upswing above $1.20 could save it from further losses.

XRP price must hold critical support

In the following video, FXStreet's analysts evaluate where XRP price could be heading next after the recent sell-off.

 

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