XRP price remains under pressure, trading within a key range as technical indicators signal potential downside risks. The recent 64-minute outage, which briefly halted transactions, has now been resolved, but it did little to boost investor confidence.
Meanwhile, XRP’s CMF remains positive but has weakened. Also, the network’s active addresses have dropped nearly 50% from its December peak. With a possible death cross forming on its EMA lines, XRP could test lower support levels unless renewed hype and buying pressure push it back above key resistance zones.
XRP CMF Is Still Very Positive, But Consolidating
XRP Chaikin Money Flow (CMF) is currently at 0.19, down from 0.26 two days ago, after briefly dipping to -0.22 three days ago. This decline suggests that buying pressure has weakened, but the indicator has now stabilized around 0.19 and 0.20.
The previous drop into negative territory signaled strong selling, but the quick recovery above zero shows that buyers have stepped in to support the price. However, with CMF lower than its recent high, XRP’s bullish momentum has softened.
The CMF is a volume-weighted indicator that tracks the flow of money into or out of an asset. A positive CMF indicates buying dominance, while a negative reading suggests selling pressure. With XRP’s CMF stabilizing around 0.19 after dropping from 0.26, capital inflows remain positive but have slowed.
If it stays in this range, XRP price could consolidate, but a move below 0.15 may indicate increasing weakness, while a recovery above 0.25 could signal renewed buying strength.
XRP Active Addresses Are Still High, But Down 50% From Its Peak In December
The number of 7-day XRP active addresses is currently
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Author: Tiago Amaral
