- 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.