The XRP asset has displayed bearish characteristics
The XRP crypto has demonstrated a decline as the price sank from a vital supply level of around $0.73 on the chart, by mid-march 2024.
The asset has displayed bearishness and falling tendency as it plunged below major trend 50-day, and 200-day EMA's.
The XRP asset has displayed bearish characteristics, as the RSI has fallen smoothly and it near the oversold territory.
It has attained bad performance in the last week, month, and three months, by -7.80%, -2.90%, and -29.70% respectively, implying a stable downward direction.
Therefore, if the XRP crypto price fails to stay above the $0.4750 level, it could decline further. However, if the demand for the asset price increases it could bounce back strongly from the current level. The next goal for the price could be to reach $0.1200.
The asset has displayed bearishness and falling tendency as it plunged below major trend 50-day, and 200-day EMA's.
The XRP asset has displayed bearish characteristics, as the RSI has fallen smoothly and it near the oversold territory.
It has attained bad performance in the last week, month, and three months, by -7.80%, -2.90%, and -29.70% respectively, implying a stable downward direction.
Therefore, if the XRP crypto price fails to stay above the $0.4750 level, it could decline further. However, if the demand for the asset price increases it could bounce back strongly from the current level. The next goal for the price could be to reach $0.1200.
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