Crypto
Ripple Price Stalls at $1.40 Amid Bull-Bear Tussle
The price of Ripple (XRP) has stabilized at $1.40 as buyers and sellers remain evenly matched.
On the daily chart, XRP remains above its 20-period, 50-period, and 200-period exponential moving averages (EMAs), maintaining a structurally bullish EMA stack.
However, momentum indicators suggest that buyers have not fully regained control of the market. The daily Relative Strength Index (RSI) sits at 58.99, while the Moving Average Convergence Divergence (MACD) has flattened out with a slightly negative histogram.
The hourly and 15-minute charts reveal more bearish signs, with XRP trading below all three EMAs on both timeframes and RSI levels indicating mild bearishness.