XRP technical indicators suggest stability before the launch
On the 4-hour price chart, XRP price predictions appear balanced, with movements showing a tug-of-war between sellers and buyers. While the descending trend line exerts downward pressure on the price above, the 50-period (EMA-50) at 2.2469$ serves as a dynamic resistance level.
On its part, the price chart shows peaks and gradually decreasing troughs with strong selling momentum, but the recent candlestick patterns and the formation of the latest ones, Doji and downward extended wicks, indicate a temporary easing of selling pressure.
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XRP technical indicators suggest stability before the launch
On the 4-hour price chart, XRP price predictions appear balanced, with movements showing a tug-of-war between sellers and buyers. While the descending trend line exerts downward pressure on the price above, the 50-period (EMA-50) at 2.2469$ serves as a dynamic resistance level.
On its part, the price chart shows peaks and gradually decreasing troughs with strong selling momentum, but the recent candlestick patterns and the formation of the latest ones, Doji and downward extended wicks, indicate a temporary easing of selling pressure.