XRP Slips Below Weekly 200 EMA as Price Falls to $1.29
- —XRP trades near $1.29, about 6% below the weekly 200 EMA at $1.377
- —The token is down roughly 7% in seven days and 9% over the past month
- —Monthly RSI sits at 46.16 versus its 49.49 average
- —A move back above $1.49, the weekly 50 MA, would signal improving demand
Why it matters: Losing the weekly 200 EMA reinforces the bearish case, with $1.00–0.84 as the next reference zone if XRP stays below $1.37.
Source: Cryptonews.net