Crypto
XRP Price Stalls at $1.42 as Momentum Indicators Flatten
XRP's bid to reach $1.50 has stalled as momentum indicators flatten and leveraged positioning becomes one-sided, leaving traders bracing for either a decisive breakout or a sharp price drop.
The token was trading at $1.42 on Thursday morning, pinned below its 7-day simple moving average of $1.46, the exact level that capped Wednesday's high.
According to market analysis, the convergence of elevated RSI and a zeroed-out MACD histogram is a sign that buying pressure has evaporated mid-climb, not merely paused.