lipped 2.15 percent over the past day, trading between $0.06952and $0.07414and finishing the session close to that lower bound. It's part of a rougher stretch lately, with the token down sharply over the past week and month as the wider crypto market has gone through a series of risk off days, including a broad selloff that also hit Ether and XRP in recent sessions.



The daily chart is showing some genuinely extreme readings. RSI dropped to 22.46, which is well into oversold territory, and both CCI and Williams Percent Range are confirming that same picture. When RSI gets pushed down this low it usually means the selling has been aggressive and somewhat one sided, the kind of move that doesn't tend to sustain its pace forever. At the same time though, MACD on the daily is flashing a bottom divergence, and the way that's being read here points to lingering pullback risk rather than an all clear signal, so the oversold reading alone isn't being treated as a green light.
XRP1.01%
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
  • Pinned