XRP price prediction: Why the $0.7 rejection isn’t a setback for bulls

Quick Summary:

The RSI was at 70 despite the rejection from $0.74, showing intense bullish momentum was prevalent on the daily chart.

Together, they showed that bullish sentiment was slowing down, and XRP might consolidate before its next impulse move.

As noted earlier, the local highs around $0.65, set from July to September, are expected to act as a demand zone.

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Article Details

Author / Journalist: Akashnath S

Category: Crypto

Markets: United StatesIndia

Topics: Altcoin HideCryptopanic No Homepage Ambcrypto Social News 1 News Trading View Analysis Ripple

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 13:00:25 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 588 words

Reading Time: 4 minutes read

Sentences: 33 lines

Sentence Length: 18 words per sentence (average)

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Copyright Owner: © AMBCrypto

News ID: 23571122

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

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