In Brief XRP price dropped 22% this week with bearish indicators, but RSI suggests potential stabilization amid growing buying interest. XRP whale activity surged then stabilized, indicating a consolidation phase that could signal either renewed confidence or profit-taking. A bearish death cross in XRP’s EMAs suggests downside risks, but a reversal above $2.60 could pave…
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In Brief XRP price dropped 4% in a week, with trading volume declining 33%, reflecting weak market momentum. Whale addresses holding 10 million and 100 million XRP increased slightly, signaling cautious accumulation. CMF indicator improved from -0.24 to -0.07 but remains negative, suggesting limited buying pressure. XRP’s price has dropped over 4% in the past…
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In Brief XRP faces resistance at $0.55 and must hold the $0.52 support level to maintain a recovery path amid waning bullish sentiment. High long position liquidations and RSI below 50 reflect weakening bullish momentum, which may limit XRP’s upward potential. Breaking $0.55 and surpassing the 50% Fibonacci level is crucial for XRP to approach…
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In Brief Ripple price has already lost the support of the 50-day EMA and is close to losing the 100-day EMA as well. Long-term holders have been moving their holdings, which historically has been a signal for corrections. The bearish trend is yet to gain strength, giving XRP a shot at bouncing back from $0.60.…
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