The price of XRP has been relatively stagnant over the past week, showing market indecision. Although it is down 15% in the last 30 days, its Relative Strength Index (RSI) is currently at a neutral level, indicating balanced momentum after recovering from oversold levels. XRP whale addresses, which represent large holders, have been declining recently but remain historically high, suggesting continued interest. XRP could either challenge resistance at $2.83 or test critical support at $2.52 depending on selling pressure. The current RSI level suggests slightly more buying pressure than selling pressure, indicating a cautious bullish sentiment. However, if the RSI starts to decline, it could signal weakening momentum and a potential price pullback. The lack of clear momentum and low volatility in XRP's price suggests market indecision and makes it uncertain whether an uptrend or downtrend will follow.
Content Editor ( beincrypto.com )
- 2025-02-21
XRP Remains Stuck Below $3 as Whale Numbers Decline Slightly
