The XRP rally resumed this week and buyers continue to dominate. 📈
After rebounding from the support level at $0.54, the price increased by more than 10%. As long as this level is protected, sentiment remains bullish.
However, trading volumes have been falling since reaching a local maximum of $0.64. This could become a problem if the trend continues and sellers could take advantage of the weakness.
Despite the volatility, the weekly MACD remains strong, allowing XRP to aim for new highs and challenge the $0.68 resistance. 🚀