🪙 XRP maintains a bearish trend, attention is focused on lower support levels.



The four-hour chart of XRP/USD shows a bearish trend, as the coin has performed poorly in recent days.

Currently, the price is trading above the weekly candle opening at $1.33 and has been consolidating around $1.38 for the past few hours.

Momentum indicators still show a moderate bullish sentiment, but could shift to bearish if the consolidation continues.

The Relative Strength Index (RSI) on the 4-hour chart is 53, which is above the neutral level of 50 and indicates a weakening of the bearish momentum.

The MACD lines are also diverging around the signal level, indicating that the bears are regaining control of the situation.

#XRP | #Ripple | $XRP
XRP2,17%
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SilencerYzvip
· 1h ago
https://www.gate.com/en/announcements/article/50124
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