The rally of the threatened course according to a key indicator

The context: after a record summit (ATH) at more than $ 3 in early 2025, the XRP course, the crypto of Ripple, experienced an empty passage. However, Altcoin now seems to return to popularity, boosted by a general recovery of the Crypto market. However, despite this bullish momentum, a key technical indicator issues an alert signal that could compromise recent Gains in the XRP. The XRP rally already threatened? The Chaikin Money Flow (CMF) indicator of the XRP, which measures the weighted capital flow by the incoming volume and out of an active, is in a downward trend even if the course of the token continues to climb. This momentum indicator is currently at 0.03 and is heading to the central line. XRP CMF. Source: TradingView The trend forms a downward divergence between the action of the price of the XRP and the CMF, a sign of alert of a weakening of the momentum. Generally, the CMF follows the flow of capital to an asset; Thus, when he declines as prices go up, this suggests that the rally lacks solid support from a sustained demand. In other words, XRP traders could buy on the basis of short -term craze rather than a long -term conviction. This means that its recent gains are likely to be erased, especially if the feeling of the global market is changing or if profits take place. In addition, the Balance of Power (BOP) negative of Altcoin supports this downward perspective. At the time of writing this article, the indicator is at -0.76, highlighting the downward demand for the XRP. XRP BOP. Source: TradingView When the BOP of an asset is negative as here, the sellers have more influence on the action of the price than buyers. It is in full of a lower signal which indicates an additional drop pressure on the XRP if the trend continues. A crucial test for the 2 dollars support The XRP is currently negotiated at $ 2.18, is now above the support formed at $ 2.03. If the request is more weakening, the bruises of the XRP may not be able to defend this level of support, causing the Altcoin towards a fall within $ 2, to finally negotiate at $ 1.61. Analysis of the price of the XRP. Source: TradingView however, a resurgence of the new request for the XRP would cancel this downward perspective. In this case its price could increase to $ 2.29 and head to $ 2.50. Morality of history: an XRP rally does not mean everything. Notice of non-responsibility Non-responsibility notice: In accordance with the guidelines of The Trust Project, this article of price analysis is only intended for information purposes and should not be considered as financial or investment advice. Beincrypto undertakes to provide exact and impartial information, but market conditions may change without notice. Always carry out your own research and consult a professional before making any financial decision.

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