- XRP has fallen to the fifth position and still continues to fight after experiencing a 1.38% surge over the week.
- The altcoin is currently trading at $0.7064 after witnessing a 1.98% fall in one day.
- Bollinger Bands and ADX confirm that the volatility and trend’s strength may become weak.
Falling to the fifth position, XRP is currently trading at $0.7064 after witnessing a 1.98% fall in one day, according to CoinMarketCap. Earlier, XRP was seated at the fourth position, which was a result of the massive double-digit spike it experienced. However, at the reported time, the altcoin still continues to hold its ground after it experienced a 1.38% surge over the seven-day period. The surge that the altcoin is still experiencing could be one of the reasons that XRP is still residing in the green zone.
XRP Chart (Source: CoinMarketCap)
Taking a look at a few indicators, XRP’s trend strength and volatility in the market may reduce as the days pass. Although the strength may be little, XRP could continue trading sideways at its current level between the $0.75 and $0.65 regions. The Bollinger Bands contracting could be considered as one of the signs that the market vo…
The post Could XRP’s Weak Market Suggest a DownFall in the Coming Days? appeared first on Coin Edition.
The post Could XRP’s Weak Market Suggest a DownFall in the Coming Days? appeared first on Coin Edition.