- Technical Outlook: Can XRP Sustain Its Recovery?
XRP price is fluctuating around $1.36, well below the 50-day exponential moving average of $1.76, the 100-day EMA of $1.97, and the 200-day EMA of $2.16. All three moving averages are trending downward, reinforcing the bearish trend.
The Moving Average Convergence Divergence (MACD) remains below the signal line and under zero. Meanwhile, the red histogram bars are shrinking, indicating a slowdown in bearish momentum. However, the Relative Strength Index (RSI) at 32, close to oversold territory, suggests weakening market strength, while the dow
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