XRP/JPY (XRPJPY) Market Overview: Key Segments and Bearish Momentum
Source: CoinWorld
Time: 2025-09-15 02:38:16
XRPJPY fell 5.7% in the past 24 hours, closing at 456.72 yen after falling below key support. The divergence between RSI and MACD confirms bearish momentum, with prices approaching the Bollinger band lower limit. Volume surged in the early session, but then flattened, indicating that bearish pressure was weakening. The 20-cycle EMA fell below the 50-cycle EMA, while the 61.8% Fibonacci level at 456.12 yen provided immediate support. Consolidation around 456 yen may trigger a short-term rebound or further decline, depending on trading volume and order flow.