As the market turns out to be decisive every new day, many altcoins possess their undetermined behaviour. And hence the XRP price which is strongly holding $0.6 area from past 3 to 4 days may eventually slide down.

• The XRP price as seen in the above chart maintained a significant descending trend and currently consolidating within a narrow range

The price is testing the 50-day MA levels from past couple of days, and is unable to clear these levels from pretty long time

The first test at these levels resulted in a steep drop of more than 20%, the second time is slashed nearly 5% and currently testing the third time

A drop from this levels may ignite a descending trend below $0.6 initially to hit $0.58 levels. If failed to sustain here, the price may slide down to $0.55 too.

However, a small bullish divergence is seen as the RSI still maintains a notable uptrend which indicates a decent upswing may be fast approaching for the XRP price

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