XRP Stabilizes Above $1.30 as Bulls Fight Back

XRP price has stabilized above $1.30 after its incredible comeback in August.

Despite cooling down, XRP bulls have managed to keep the price from turning into a full bearish reversal.

The daily chart shows that the 50-day moving average is increasing toward about $1.28, while XRP remains above its shorter-term moving averages.

However, buyers are losing their sense of urgency, and volume has decreased significantly since the August surge.

The momentum has returned to normal, with the daily RSI returning to the neutral-to-bullish range around 55 after briefly entering overbought territory during the rally.