Technical Analysis:
1. Backtesting within the last 7 days shows that there are no specific patterns observed in the MACD, RSI, BOLL, and KDJ indicators.
2. Backtesting within the last 30 days also does not show any specific patterns in the MACD, RSI, BOLL, and KDJ indicators.
3. The current price of XRP is $0.5794, with a 24-hour price change of +4.62% and a 7-day...
XRP/USD(BITFINEX)
Ripple recently tested the $0.40 resistance level and couldn't break the same with dropping to $0.32 level(19%) recently.
Bullish Case:
If the manages to hold $0.32 price level and breaks the 0.38$ level then it would be slightly bullish for the asset.
Bearish Case:
There is a lack of buying interest(volume) and if It broke the $0.32 support...