Ripple's XRP is experiencing a bearish trend and is at risk of further losses if it breaks the $0.40 support level. The price has dropped below $0.450 and the 100 simple moving average (4 hours), with a bearish trend line forming with resistance near $0.450 on the 4-hour chart. Initial resistance is near the $0.440 zone, while initial support on the downside is near the $0.410 zone. If there is a downside break and a close below the $0.40 level, XRP’s price could extend losses.
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