, Solana and XRP, are struggling to maintain the current growth rate and have been reversing from local tops. But the tendency might be temporary as markets slide into the weekend.The enormous buying power that existed on the market at the beginning of the reversal rally is gone now, and the majority of Shiba Inu whales are no longer interested in supporting the rally.
Since the beginning of a market-wide reversal, XRP gained around 17% to its value, which is not the best performance on the market, not even in the top 10. However, investors have already stopped pumping the asset with funds, which could be the main reason behind the 3% reversal of XRP from the local high.
At press time, XRP is trading at $0.4 and consolidating around the 200-day moving average. It has not been able to break it yet. If the RSI's signal is correct, we will most likely see an acceleration of the reversal in the upcoming days.
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