Over the past week, XRP whales accumulated approximately 40 million tokens, indicating cautious confidence among major holders during a period of price uncertainty. Although the TD Sequential indicator has issued a potential buy signal, suggesting selling pressure is easing, momentum indicators remain weak. The RSI indicator stands at 43.86, indicating bearish pressure still exists, and if the MACD shows a bearish crossover, XRP could retest the February lows. The future direction will depend on whether demand can recover to challenge the $1.50 resistance level, or if weak momentum will lead to further decline.

XRP2.94%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin