Ripple (XRP) is back in a ‘directionless’ stretch after a short-term rebound lost momentum, with trading volume fading sharply and multiple AI models converging on one takeaway: the move looks more like a ‘technical bounce’ inside a broader downtrend than the start of a durable uptrend.
As of Monday ET, XRP was changing hands around $1.43 after recovering from a recent low near $1.32. The rebound, however, has been accompanied by a notable drop in volume—often read by technicians as a sign that buyers are not showing up in force. XRP also remains well below its 200-day simple moving average… Read more
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