Market $XRP is showing a slight decline, down 0.51% over the past 24 hours to $0.5649. Historically, XRP has a nearly even split between bullish and bearish days, with 48.41% of days closing above their opening. However, the real story here is the massive gap between the current price and its all-time high of $3.32, set in January 2018. We're talking about a staggering 82.98% drop from that peak.
I see a potential buying opportunity, but I need to see some serious momentum before I consider a long position. For now, I'm watching and waiting for a breakout above resistance to signal a trend reversal. The XRP market has been range-bound for too long - it's time to act.
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