The price of Ripple (XRP) has surged by 182.80% in the past 30 days and by 30.26% in the past week. Although its EMA line remains in a call trend and the short-term line is above the long-term line, RSI indicators such as CMF suggest that the upward trend may be losing momentum.

The weakening momentum may lead XRP to test the $1.05 Resistancelevel, and if selling pressure increases, there is a risk of falling below $1. However, if buyers regain control, XRP may aim for a resistance level of $1.63 and possibly reach $1.70, which would be the highest price since 2018.

XRP RSI is in a neutral zone.

Ripple RSI is currently at 58, a decline from over 70 just a few days ago. RSI (Relative Strength IndexA momentum measuring price changes on a scale from 0 to 100, with values above 70 indicating overbought conditions and potential for a pullback, while values below 30 indicate oversold conditions and a possible price rebound.

The drop from 70 to 58 reflects a cooling of bullish momentum, suggesting that the recent upward trend may be slowing down, but it has not yet entered the bearish zone.

An RSI of 58 indicates that XRP is still within a healthy range, leaning towards bullish sentiment, but buying pressure has eased compared to previous levels. After a price surge of 30.26% over the past 7 days, the decline in RSI suggests a potential consolidation period ahead.

If the RSI continues to decline, it may imply increased selling pressure, potentially leading to a price adjustment. However, if the RSI stabilizes or rises, the XRP price may regain momentum and attempt further increases.

Ripple's CMF has significantly dropped.

The CMF for XRP is currently 0.02, down from 0.11 two days ago, indicating a significant reduction in buying pressure. CMF, or Chaikin Money Flow, measures the capital flow of assets in or out over a period, with values above 0 indicating net inflow (buying pressure) and values below 0 reflecting net outflow (selling pressure).

Since November 22, the Ripple CMF has remained positive, indicating that despite recent declines, buyers have consistently maintained dominance.

The CMF is at 0.02, with Ripple still reflecting a slight net inflow of capital, suggesting that bullish sentiment has not completely faded but is weakening. If the CMF turns negative, it would indicate a shift to net outflow of funds, potentially signaling increased selling pressure and possible price adjustments.

Currently, the positive CMF supports a cautiously optimistic outlook, but further declines could indicate that XRP's price momentum is beginning to trend bearish.

XRP price prediction: Is $1.70 on the way?

The EMA line for XRP maintains a bullish pattern, with the short-term line positioned above the long-term line, indicating that the overall trend remains upward. However, other indicators such as the CMF and RSI suggest that the uptrend may be losing momentum.

If the bullish trend further weakens and a downward trend emerges, XRP's price may test the critical resistance near $1.05, and if selling pressure intensifies, it could potentially drop below $1.

On the other hand, if the uptrend recovers strongly, the price of xrp may break through the resistance of 1.63 dollars, targeting 1.7 dollars, which would be the highest price since 2018.