Markets· ★★· bearish·

XRP at $1.33: Weak Volume and Bearish MACD Cap the Rebound

  • —XRP at $1.33, up 1.11% daily but down 4.85% over seven days
  • —Volume at $2.04 billion, 41.88% below the 30-day average
  • —MACD bearish, RSI at 40.2, price below SMA-5, SMA-7 and SMA-10
  • —Market cap $84.41 billion, 65.2% below the all-time high of $3.84
Why it matters: Without a volume recovery and a move back above $1.37, the bounce looks unconvincing, with $1.28–1.29 as the key support for holders.
Source: DiarioBitcoin