Despite signs of a technical rebound in the early stages, XRP still fell to $1.93.
XRP price dropped to $1.93, encountering selling pressure near the resistance zone of $1.97 to $2.00. Although momentum indicators show a bullish divergence, indicating that selling pressure is weakening, the token remains in a vulnerable consolidation phase below key moving averages. Traders are currently selling on rallies and buying on dips; a clear directional trend will only form if it breaks above $2.00 or drops below $1.90. 😰
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Despite signs of a technical rebound in the early stages, XRP still fell to $1.93.
XRP price dropped to $1.93, encountering selling pressure near the resistance zone of $1.97 to $2.00. Although momentum indicators show a bullish divergence, indicating that selling pressure is weakening, the token remains in a vulnerable consolidation phase below key moving averages. Traders are currently selling on rallies and buying on dips; a clear directional trend will only form if it breaks above $2.00 or drops below $1.90. 😰