Picture of the author

Noorr

08/06 05:28

XRP Price News: Analyst Warns of 60% Crash XRP

XRP Price News: Analyst Warns of 60% CrashRemittex.jpg

XRP has recently shown some strong short-term moves. A crypto analyst has warned that despite a few temporary price bounces, XRP may still be facing a larger bearish trend in the weeks ahead.

On the weekly chart, XRP is now confirming a “bearish divergence,” which is when the price forms higher highs but the Relative Strength Index (RSI) shows lower highs. This kind of setup is often seen as a sign of weakening momentum, and it last happened for XRP back in late 2020 and early 2021. At that time, the result was a drop in price that lasted nearly three months, with XRP falling over 60%.1754458044407.png

#Justin Sun's 35th Birthday Bash#Whose “child” is ES — Solana or Ethereum?#Win 200 USDT: Is ETH Kicking Off Altcoin Season? #Buy Bitcoin’s dip,’ says Eric Trump#HTX Crypto Gifts Carnival Is Live!
2Condividi

Tutti i commenti0RecentePopolare

avatar
RecentePopolare