XRP Signals Short-Term Relief Rally as Bearish Trend Persists

XRP is flashing a short-term technical rebound signal even as broader downside pressure persists, raising the prospect of a brief ‘relief rally’ rather than a full trend reversal.

As of Sunday ET, XRP was changing hands around $1.0463, hovering just above the psychologically important $1.00 area. Data cited from CoinMarketCap showed roughly $1.085 billion in 24-hour trading volume, with XRP down 1.16% on the day and 8.55% over the past week. Its market capitalization stood near $65.1 billion, keeping the token in sixth place among cryptocurrencies by market value.

The longer look remains…  Read more

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