The XRP price has reached the Fibonacci resistance level of 0.618, a level at which cryptocurrencies often experience a reversal.
The RSI indicator signals extreme overbought conditions, with values exceeding 90. Additionally, there is a bearish divergence, which suggests a potential price decline.
Note
XRP's capitalization has surpassed that of Solana (SOL)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.