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  • XRP/USD went up from $0.139 to $0.16 this Friday.
  • The RSI indicator is trending at the edge of the oversold zone.

XRP/USD daily chart

XRP/USD daily chart

XRP/USD bears took control of the market in the early hours of Saturday as the price went down from $0.16 to $0.158. This followed a bullish Friday, wherein the price jumped from $0.139 to $0.16 and re-entered the 20-day Bollinger Band, in the process. The MACD indicates increasing bearish momentum, while the Elliott Oscillator has had eight straight red sessions. The RSI indicator is trending at the edge of the oversold territory.
 

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