#SwingTradingStrategy $XRP The Heikin Ashi candles clearly show a continuous downtrend. The red candles with little or no upper wicks indicate strong downward pressure with slight relief from buyers. The price of XRP has failed to close above $2.10 for several sessions now, which is a bearish signal considering the previous support has turned into resistance.

The Relative Strength Index (RSI) currently sits at 35.49, which is well below the neutral 50 zone. This indicates weak momentum, and unless a rebound occurs soon, the price of $XRP may slide into the oversold territory (below 30), increasing the risk of panic selling.

XRP is currently trading above $2, recording gains of over 300% from its base price prior to the sharp rise in November 2024. Early investors who accumulated during the low ranges are now making significant profits, leading to a noticeable wave of profit-taking.