Unfortunately, $XRP is not receiving any support from investors on its way up and currently facing trouble moving forward
. The current price trend suggests a further decline could be imminent unless the digital asset finds reliable support soon. The last line of defense in this regard appears to be the 21-day exponential moving average . This crucial support level could hold the price at its current level and prevent a further downfall.
However, the declining trading volume accompanying the price decrease raises concerns. Lower trading volume often indicates a lack of buying interest, which can further pressure the price. While it does not definitively predict downward price movement, it certainly does not bode well for a potential recovery.
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