XRP Shows Signs of Cooling After Rally, Volume Decline May Indicate Temporary Pause Not Reversal

Key Points

1. XRP’s price retreated from $3.70 to $3.18 amid reduced weekend trading volume, a typical market behavior with lower liquidity.

2. Technical indicators like the 200-day and 21-day EMAs confirm the ongoing bullish trend for XRP.

3. The Relative Strength Index (RSI) at 62 indicates cooling from overbought conditions, supporting a healthy market pause.

4. The 37% volume decline is part of a broader market trend, with major cryptocurrencies like BTC and ETH also experiencing reduced activity.

5. XRP’s near-term trajectory depends on midweek liquidity, with sustained support above $3.00 being critical for continued bullish momentum.