
🚨 $XRP Daily Recap - Pattern Continues 🚨 🟥Price: $0.04 decrease from yesterday 🟥Volume: Low selling 🟨Momentum: Neutral 🟨Trend: Bearish 🟨Crowd Pressure: Selling pressure Final Thoughts👇 Today we saw a continuance of the range bound, sideways pattern that's been prevalent for the past few weeks. We also saw volume under $2 billion again. The Stochastic RSI reversed its small upward momentum back down further into the neutral zone. I know it's the weekend and it's to be expected but I think we will be heading down to oversold territory. The MACD is holding its bullish crossover in the bearish zone but creeped back closer to a bearish crossover. As the Stochastic RSI falls that bearish crossover will eventually occur. On-Balance Volume did dip a bit today as well but was relatively flat. Indicating buying pressure and selling pressure were about the same but the sellers eventually won. Overall, I think we will be seeing sideways and some downside action, bouncing between support and resistance. But as I keep saying this will only last as long as it takes to get The Clarity Act so I'm not too concerned about this short-term price action. So hold strong we are almost there. That's all I have for now. I'm out. Learn. Analyze. Build. 🐺
