The price of XRP, a popular cryptocurrency, experienced a 6.2% decrease before finding support at the 20-day moving average, which is also the median in the Bollinger Bands indicator. After several tests, XRP closed above this level and saw a 4.51% increase. However, news about the U.S. Department of Justice selling seized Bitcoin caused a market sell-off, affecting XRP's price. Despite this setback, XRP managed to hold above the median Bollinger Band on the daily chart, maintaining a bullish outlook. A successful retest of the median line could lead to potential gains, while a breach could shift focus to the lower Bollinger Band.



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