Ripple (XRP) price was the biggest gainer among the top 10 coins in the last 30 days, with a 333% increase. However, recent indicators show that its bullish momentum may be fading.

XRP’s RSI currently sits at 47.9, signaling a neutral stance after previously being in overbought territory. Additionally, the Chaikin Money Flow (CMF) has shifted into negative territory, suggesting increased selling pressure, which could signal further downside for the price.

XRP RSI Is Currently Neutral

Ripple RSI currently sits at 47.9, a notable decrease from its previous value above 70 between December 2 and December 3. An RSI above 70 typically indicates that an asset is overbought, suggesting it may be due for a correction or pullback.

The drop below 70 signals that XRP is no longer in overbought territory, and the recent decline could reflect the fading of the uptrend that was driving its price higher.

The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It ranges from 0 to 100, with readings above 70 suggesting overbought conditions, while readings below 30 indicate oversold conditions.

As XRP RSI has fallen back below 70, this could signal the end of its recent bullish momentum. If the RSI continues to trend lower, it may indicate further downside potential for XRP, with the price likely to face more resistance as the uptrend fades.

Ripple CMF Is Now Negative After 6 Days

XRP’s CMF (Chaikin Money Flow) has dropped to -0.10, following a period of positive values between November 29 and December 5. The shift into negative territory suggests that selling pressure has increased as the CMF measures the flow of money into and out of an asset.

A negative CMF indicates that more money is flowing out of the asset tha

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Author: Tiago Amaral