Citing the analysis of Namrata Shukla, according to XRP's long-term graph, a downtrend was noted from $0.5551 to $0.3660. However, no significant uptrend was traced for the coin. It marked a resistance at $0.3892 and a support at $0.2895.
Bollinger Bands appeared to be converging, reducing the volatility in the market. The moving average line was over the candles and marked a bearish trend.
Awesome Oscillator noted a weakened bearish trend.
Chaikin Money Flow was crawling below the zero line, marking a bearish market.