As the Bitcoin season eyed a prolonged time period, extending into November, altcoins like Solana and Vechain got off their ground to touch their 6-week high. However, XRP noted a 4.62% seven-day loss, continuing on a bearish note. Solana started to show signs of correction, and Vechain continued its spree of gains.
TradingView, XRP/USDT
XRP witnessed a gradual decline in its value over the last week. The altcoin fell by nearly 1.92% over the past day. XRP oscillated within the triangular range starting from its resistance point at $1.2260 until the $1.07-mark, as displayed by the trendlines.
Key technicals hinted at bearish tendencies. With the current trading price below the 4-hour 20-SMA (white) and 50-SMA (red). With the continued
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