$XRP P lost 300 million signs in 24 hours: What did the fall? XRP is under pressure - and now the figures confirm this. In one day a day, his volume of chain payments to almost 300 million signs. At the beginning of this week, over 700 million XRP were treated everyday, but on May 22, the number left 412 million. What is hidden behind this dramatic decay? 🔹 Technician discovering market uncertainty
XRP recently realized a channel descending for several months. Once you have exceeded the 50-day exponential medium and 100 days (esa), price is now consolidated below the significant level of $ 2.50. Another main pass was emo 200 recovery - often considered a long -term tourned indicator. 🔹 Increasing the price without support for public services? Despite the technical signals of bullish, the volume of the XRP payment - a major measure for real use - is significantly reduced. This detachment between ringing prices and use of the definition may reflect a debilitation of institutional question or diminution in the commitment. The early May, Volumes are exceeded 700 million XRP, reflecting the price profits. Now the two trends are diverging. 🔹 What is the next step? See the area from 2.30 to $ 2.35
For XRP to keep the moment, I must stand up to $ 2.30 to $ 2.35, that approximately 100 eMa and the previous ruption area. A return of this level could open the door for $ 260 and beyond. But a drop below can send the price to scroll to $ 2.15 at $ 2,20. Source: xRpscan
🔹 An Altcoin Market Indicator
As one of the main signs of services concentrated on services, XRP often serves as a wider indicator for the altcoin market. Their transactions volume often reflects the feeling of investors on the cases of real use of cryptirren's comprehensance compared to the pure speculation. 🔹 RSI does not show exhaustion - but the questions remain
The relative index (RSI) remains below the Surachat area, no diversate area - suggest that there is still space for contagious movement. However, no activity in the strongest string, this repetent can be completed as a short -ter's return. 👉 Summary: XRP needs back a return to the use of string to convert this technical rally into a steady rally. Without this, the real overlap can't last. You want to know where the next XRP can go? Keep eyes to the use of the network - and look at the volume. #xrp, #ripple, #cryptmarket, #altcoin, #cryptoneswussss
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