1 day ago
7
Key Takeaways
- Exchanges disagree on where XRP goes next.
- No buyers are waiting until the absolute low.
- Traders are actively cutting back their risk.
- Falling momentum indicates further room to drop.
XRP is trading at $1.24 at the time of writing, down 7% on the week. Analyzing the TradingView daily chart is easy to see how the price has broken beneath both the 50-day SMA at $1.3885 and the 100-day SMA at $1.3838, with both moving averages now sitting above current price as resistance. The RSI reads 33.31 on the daily close with the signal line at 38.73 still declining, not yet at oversold extremes but trending in that direction without a stabilizing price structure to anchor it.
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