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As XRP continues to be weighed down by the general bearish cryptocurrency market sentiment, technical indicators suggest the asset is likely preparing for a significant price move. Notably, as of press time, XRP was trading at $2.35, having plunged over 6% in the last 24 hours, while on the weekly timeframe, the asset has rallied almost 10%. XRP seven-day price chart. Source: Finbold The 50-day Simple Moving Average (SMA) is $2.64, slightly above the current price, while the 200-day SMA is significantly lower at $1.56, suggesting a longer-term upward trend.  XRP’s 14-day Relative Strength Index (RSI) is 48.28, indicating a neutral market condition, neither overbought nor oversold. Picks for you This Bitcoin formation set to trigger a rally to $120,000 3 hours ago ...