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Crypto

$XRP Stuck at $1.02 as Sellers Maintain Control Below Key EMAs

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XRP
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The $XRP crypto price remains stuck at $1.02 as sellers continue to control the market below key moving averages.

According to the daily chart, the downtrend is evident with all three declining EMAs - 20-day, 50-day, and 200-day - above the current price of $1.02.

The RSI (Relative Strength Index) at 35.85 indicates weak momentum but not oversold conditions, while MACD (Moving Average Convergence Divergence) remains negative, confirming persistent selling pressure.

The Fear & Greed Index reads 30, firmly in Fear territory, despite the total crypto market cap stabilizing around $2.29 trillion.

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