$XRP
Based on the daily technical chart of XRP/USDC, after a strong increase from the range of 1.6113 to the peak of 3.6639, the current price has adjusted down to 3.1212, a decrease of 3.4% in the past 24 hours. A large red candle accompanied by high volume indicates strong profit-taking pressure. The Bollinger Bands indicator is expanding, and the price is falling away from the upper band towards the mean line – a sign of short-term adjustment. The MACD has crossed below the signal line, and the histogram is turning negative, indicating weakening upward momentum. The RSI has sharply decreased to 42.36, showing a clear weakening of buying power. The short-term trend is likely to adjust further towards the support area around 2.9–3.0 before accumulating or recovering.
