BOSS Wallet data source, the latest price news of Ripple XRP, the real-time price of XRP Ripple rose by 3.09% to $1.0871, and the transaction volume was $11.262 billion
After studying the K-line chart, it is now in a volatile trend. It has risen significantly compared to 20:00 and has fallen slightly compared to 13:00. Rising prices but falling trading volumes usually mean that the market's upward momentum is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence may be due to insufficient selling. In this case, prices may pull back or go sideways in the future. Due to the lack of trading volume support, price increases may be difficult to sustain, and investors should be wary of the risk of price declines at high levels.
It is recommended to pay attention to whether the trading volume can keep up with the price increase and whether there is new buying intervention. The market activity is low and the momentum is weakening. According to the Williams indicator, the current market state is not overbought or oversold. The trading volume has decreased recently, and the trading volume is less than the previous few hours. The price rises and the trading volume decreases: the upward momentum is weakened.

The upward momentum has weakened. It is recommended to remain cautious, pay attention to changes in volume, and wait for market sentiment to recover.
The above content is for reference only and does not constitute investment advice.

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