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Home ยป Impact of Ripple and SEC News on XRP Price
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Impact of Ripple and SEC News on XRP Price

By adminJun. 21, 2024No Comments1 Min Read
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Impact of Ripple and SEC News on XRP Price
Impact of Ripple and SEC News on XRP Price
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The price of XRP has remained below both the 50-day and 200-day simple moving averages (SMA) for an extended period of time. While this does not suggest a bullish trend for XRP, it has managed to stay within a consolidation zone for the past 2.5 months, establishing a robust support base. The relative strength index (RSI 14) is currently below the midpoint of 43 and faces difficulty in remaining above the 50 level, occasionally experiencing brief surges above this threshold in the past. Stay updated with the most recent financial and business news by visiting COINTURK FINANCE.

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