Ripple could hit its highest price in 6 years
XRP's RSI currently sits at 72. This indicates a renewal of bullish momentum.
Ripple CMF is currently at 0.05, down from 0.10 when its price peaked at $1.63 a week ago, reflecting reduced capital inflows.
At 0.05, XRP’s CMF indicates slight bullish sentiment.
EMA lines remain bullish, with short-term lines positioned above long-term ones, signaling an ongoing uptrend. However, the narrowing gap between the lines suggests weakening bullish momentum, indicating a possible trend reversal.
If buying pressure strengthens and a new uptrend forms, XRP price could retest its recent high of $1.63. Breaking this level could push the price to $1.70, marking its highest value since 2018.
