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XRP Price Action Update: Navigating the Neutral Zone
Ripple (XRP) is stuck in limbo right now. After taking some hits recently, the coin's trading below its exponential moving averages—never a great look. Here's what's happening on the chart:
The RSI is sitting around 50, which basically means nobody's winning. No overbought conditions, no oversold desperation. Just... neutral. Neither buyers nor sellers have the upper hand at this moment.
The USDT pair shows XRP hasn't found solid support yet, and with price action this tepid, the next big move could go either direction. Traders are watching to see if buyers can push back above those key EMAs or if selling pressure continues.
For now, patience beats speculation. The setup isn't screaming "buy" or "sell"—it's whispering "wait." Market structure matters more than headlines when technical signals are this mixed.