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🪙 XRP maintains a bearish trend, attention is focused on lower support levels.
The four-hour chart of XRP/USD shows a bearish trend, as the coin has performed poorly in recent days.
Currently, the price is trading above the weekly candle opening at $1.33 and has been consolidating around $1.38 for the past few hours.
Momentum indicators still show a moderate bullish sentiment, but could shift to bearish if the consolidation continues.
The Relative Strength Index (RSI) on the 4-hour chart is 53, which is above the neutral level of 50 and indicates a weakening of the bearish momentum.
The MACD lines are also diverging around the signal level, indicating that the bears are regaining control of the situation.
#XRP | #Ripple
{spot}(XRPUSDT)