#xrp Currently about $1.38. After a big rally in August, it has entered a period of consolidation. Now it has returned to a relatively important support zone.
Pay close attention to $1.30–$1.35. In the past, buyers were quite active there. If this range can hold, it suggests there is still a chance for the bulls.
However, XRP is currently repeatedly trading around $1.40. Attempts to break above $1.45 have not been successful. Trading volume is clearly lower than during the rally stage, indicating that chase-buying capital is decreasing.
In addition, the daily RSI has returned to around 55—no longer overheated, but the upward momentum has also weakened.
Pay close attention to $1.30–$1.35. In the past, buyers were quite active there. If this range can hold, it suggests there is still a chance for the bulls.
However, XRP is currently repeatedly trading around $1.40. Attempts to break above $1.45 have not been successful. Trading volume is clearly lower than during the rally stage, indicating that chase-buying capital is decreasing.
In addition, the daily RSI has returned to around 55—no longer overheated, but the upward momentum has also weakened.
