Ripple or XRP is predicted to experience a decline after the news of its victory against the SEC in mid-July. Currently, XRP is seeking support and undergoing a correction due to profit-taking actions following a significant price increase. Looking at the RSI indicator, XRP is in a high selling pressure zone with RSI values around 16.99 and 18.5. Despite facing strong selling pressure, XRP's volatility is decreasing over time, indicating a potential further weakening. It is predicted that XRP may experience a decline towards the target price of $0.67, with a percentage decline of -10.89%. #dyor (Do Your Own Research).
Please note that investing in cryptocurrencies involves risks and it's essential to conduct thorough research before making any investment decisions.
Please note that investing in cryptocurrencies involves risks and it's essential to conduct thorough research before making any investment decisions.
Trade closed: target reached