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XRP price analysis
XRP
XRP
$2.76
has been trading below the moving averages since Feb. 4, but a minor positive is that the bulls have managed to keep the price above $2.26.
That has formed a tight range between $2.26 and $2.54, indicating indecision between the bulls and the bears. If the price dives below $2.26, it will suggest that the bears have asserted their supremacy. The XRP/USDT pair may fall to the solid support at $1.90.
Alternatively, a break and close above the moving averages suggests that the bulls have absorbed the supply. That clears the path for a possible upmove to $2.91, where the bears are expected to step in.
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