XRP Overheated? Crucial Metrics Teases Possible Cycle Top

Key Points

1. XRP's trading volume fell by 50.69% in 24 hours, indicating weakening momentum.

2. The Relative Strength Index (RSI) at 76.72 suggests XRP is overbought, potentially leading to a price correction.

3. XRP's price declined by 0.48% to $3.43, with a possible cycle top forming at $3.65.

4. Speculation about an XRP ETF approval persists, though it may not guarantee long-term price gains.

5. Investors remain optimistic about XRP's potential, with some expecting a breakout to higher levels.