XRP Price Dips Near $1.35 as Ripple Faces Mixed Signals

Ripple's price has fallen by more than -3% overnight to trade near $1.35 on Thursday.

The pullback brings XRP closer to its 200-day Exponential Moving Average (EMA) at $1.344, identified as initial support in technical analysis.

XRP and Stellar's XLM have both lost more than -2% and -3%, respectively, this week, with their support zones approaching key levels.

Despite the decline, XRP remains above its 50-day, 100-day, and 200-day EMAs, clustered between $1.244 and $1.354.