Sellers Testing $XRP Near $1 — Key Reclaim Target on Watch
XRP is under active pressure at $1.0159, down 2.49 percent on the day as bears lean into the momentum. Price action is currently lingering below both the 20-hour moving average at $1.0279 and the 50-hour moving average at $1.0449, keeping the near-term bias decidedly bearish. With the 14-period RSI drifting down to 43.2, selling momentum hasn't quite exhausted itself yet. We saw a dip to a 24-hour low of $0.9975, and that psychological dollar mark is the line in the sand. Over in the payment sector, XLM is echoing the same sluggish tape at $0.1433 with an RSI of 45.4.
Who is actually buying this weakness today? Drop your strategy below.
$XRP $XLM #Bitcoin #CryptoMarket #TradingView
XRP is under active pressure at $1.0159, down 2.49 percent on the day as bears lean into the momentum. Price action is currently lingering below both the 20-hour moving average at $1.0279 and the 50-hour moving average at $1.0449, keeping the near-term bias decidedly bearish. With the 14-period RSI drifting down to 43.2, selling momentum hasn't quite exhausted itself yet. We saw a dip to a 24-hour low of $0.9975, and that psychological dollar mark is the line in the sand. Over in the payment sector, XLM is echoing the same sluggish tape at $0.1433 with an RSI of 45.4.
Who is actually buying this weakness today? Drop your strategy below.
$XRP $XLM #Bitcoin #CryptoMarket #TradingView
