1
XRP price is trading below the key exponential moving averages showcasing the potential rebound from the lower level.
2
The cryptocurrency is facing difficulty in reaching the upper levels as the volumes are on decline mode.
XRP price prediction is bearish till it trades below key exponential moving averages. However, it suggests that the price looks oversold and a short-term relief rally may trigger time from the lower levels.
The XRP price action suggests that XRP cryptocurrency has the potential to rebound from its current position and reach the upper threshold. To initiate this recovery and break out of the current consolidation phase on the daily chart, XRP crypto needs to attract more buyers.
Moreover, the price volatility for the crypto has been declining steadily for the last few days indicating lower engagement of traders in the crypto.
Decoding XRP Crypto Social Dominance & Social Volume
Social dominance and social volu
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