Ripple Price Forecast: $XRP extends losses amid suppressed network activity.



XRP is trading at $1.87 at the time of writing on Tuesday, while holding below the falling 50-day Exponential Moving Average (EMA) at $2.12, the 100-day EMA at $2.31 and the 200-day EMA at $2.40, which keeps bears in control.

The Relative Strength Index (RSI) has declined to 39 within the bearish region. A persistent decline below 40 leaves room toward 30 before oversold conditions emerge, while a push above 50 would strengthen an upside bias.

Meanwhile, the Moving Average Convergence Divergence (MACD) showcases marginally positive histogram bars. Despite the blue MACD line staying above the red signal line, momentum is fragile. A close below Friday's low of $1.77 would open the door for extended losses toward April's support at $1.61.
XRP-1.26%
post-image
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
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)