XRPs week has been an anomaly, but heres why it may or may not remain so
Teknolohiya Ang linggo ng XRP ay naging isang anomalya, ngunit narito kung bakit ito maaaring manatiling ganoon o hindi 5 minuto ang nakalipas Balita ng Ethereum ng Bitcoin XRP has turned out to be one of the best hedges against this weeks bearish market trend. Ergo, the question – How much longer can XRP sustain its current trajectory on the charts? Magkano ang 1,10,100 XRPs worth today? XRPs press time presyo of $0.39 represented a 10% pataas after four consecutive days of being in the green. For context, Bitcoin recorded a 4% pullback while ETH was down by roughly 3.25% during the same 4-day period. These observations confirm that XRP managed to overcome the general correlation and trend across the rest of the market. Will XRP maintain this momentum? Well, the altcoins RSI indicator, at press time, was back above the mid-point, thus confirming that Relative Strength is now in favor of the bulls. Nevertheless, the cryptos latest rally has now pushed above the 50-day MA and is about cross above the 200-day MA. These indicators often act as pivot zones. Hence, there is a chance that XRP might pull back towards the weekend. XRPs bullish momentum might be short-lived There are already some signs that indicate a slowdown in