The price of Ripple (XRP) has seen a significant surge of 182.80% in the last 30 days and 30.26% in the past week. However, indicators such as RSI and CMF suggest that the uptrend may be losing momentum. If this continues, XRP could test support at $1.05 and potentially fall below $1 if selling pressure increases. On the other hand, if buyers regain control, XRP could target resistance at $1.63 and even reach $1.7, its highest price since 2018. The RSI currently sits at 58, indicating a cooling bullish momentum but still within a healthy range. The CMF has also declined, showing a reduction in buying pressure. While the EMA lines remain bullish, the overall trend may be weakening.
- Content Editor ( beincrypto.com )
- 2024-11-25
Ripple (XRP) Price Signals Cooling Momentum After 30% Rally