Altcoin updates: XRP


For XRP, it seems that sellers are regaining control, supported by a sell signal from the MACD indicator and a drop in the relative strength index at 56 after peaking at around 88 during the period leading up to the all-time high of $3.66, which was reached on July 18.
If the trend of the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) continues to decline with increasing risks, traders will shift their focus to the support range between $2.95 and $3.00. From here, a rebound could occur if the bulls absorb the selling pressure and buy the dip. However, if market sentiment deteriorates in the cryptocurrency market in general, the decline may accelerate towards the 50-day exponential moving average at $2.75.
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Ybaservip
· 07-31 09:46
Quick, enter a position! 🚗
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