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Browsing: XRP Price
A combination of technical, fundamental and social sentiment indicators spell downside risks for XRP after its price rises over 8% week-to-date. Ripple‘s XRP price risks dropping by more than 25% in the coming weeks due to a multi-month bearish setup and fears surrounding excessive XRP supply.XRP descending triangleXRP has been consolidating inside a descending triangle pattern since topping out…
A fractal from 2018-2019 repeating could spell trouble for XRP’s long-term upside outlook, however. XRP price has continued to bounce back after falling by more than 70% in a correction between April 2021 and January 2022.Why the XRP/USD 50-week EMA is keyOn Feb. 13, XRP/USD reached as high as $0.916, above its 50-week exponential moving…