XRP Indicator Signals Potential Bottom Ahead of Christmas and New Year

XRP Momentum Shift: Analyst Dark Defender notes that the 3-day RSI for XRP is indicating a potential bottoming signal, suggesting that selling pressure may be fading and the price could stabilize before a larger move.

Current Price Action: XRP is currently hovering around $1.86, showing signs of reduced aggressive selling and tighter price movements, indicating a possible transition from panic selling to market stabilization.

Market Conditions: The upcoming holiday season may lead to sharp price movements due to reduced liquidity, and if XRP is indeed forming a base, modest buying pressure could trigger significant price changes.

Future Outlook: For a bullish trend to develop, XRP needs to maintain support and reclaim the $2.10–$2.20 range, signaling stronger buyer control, while the RSI suggests that the worst of the recent dip may be over.