XRP Price Development

XRP is still on a downward trend. After failing to recover important moving averages, XRP is still trapped in a broader downward channel. With the 200-day average as resistance far above, the asset remains below the 50-day and 100-day averages. This makes price movements limited and reactive rather than impulsive.

Momentum indicators such as the RSI are in the low 40s, indicating that conditions are not yet oversold, but clearly weak. The price is weak, but not yet crushed. This suggests that there is caution in the market affecting the price movement of XRP.$XRP

XRP

1.848

-1.87%

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