$XRP Price Update (1-day chart)
XRP is now at $1.611, up 0.98%.
The price has been falling for months after hitting a high near $3.10 in late October. It dropped steadily through November, December, and January, and now sits at its lowest levels in this period.
The short moving average (7-day) is at $1.702, the 30-day at $1.963, and the long one (200-day) at $2.497, all above the current price, which shows the trend is still down.
RSI is at 29.0, close to oversold territory and pointing to very weak buying pressure right now.
This $XRP chart looks bearish with price below all key averages and no strong bounce yet. It might test even lower toward $1.50 or below if selling continues. Even though a reversal could start if RSI drops more and buyers step in strongly.
$XRP needs to climb back above $1.70 with good volume to change the direction. Keep watching for any shift in momentum.
