Flux

Hope

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<div class="coingape"> 
 <p><span style="font-weight: 400">This level has previously acted as a strong pillar and could lure in buyers eager to capitalize on lower prices. If the market dips below $0.4750, eyes will turn towards the next support level at $0.4600. This level could play a pivotal role in determining <a rel="noopener noreferrer nofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a>’s future trajectory.</span></p>  
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 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
  <p lang="en" dir="ltr">Top analytic firm Messari shows #<a rel="noopener noreferrer nofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a> Adjusted Volume has increased by 112.57% in the last four days.</p> 
  <p>Bullish on <a rel="noopener noreferrer nofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a> longterm!</p> 
  <p>— Zach Humphries (@Z_Humphries) September 2, 2023</p>  
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 </blockquote> 
 <p></p> 
 <h2 id="b-bullish-indicators-amid-market-flux-b"><b>Bullish Indicators Amid Market Flux</b></h2> 
 <p><span style="font-weight: 400">While <a rel="noopener noreferrer nofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a>’s market capitalization dwindled by 1.44% to $26.5 billion, its 24-hour trading volume dropped 22.27% to around $903 million. Interestingly, despite these dips, <a rel="noopener noreferrer nofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a>’s adjusted volume has surged by 112.57% over the last four days.&nbsp;</span></p> 
 <p><img decoding="async" class="aligncenter  wp-image-158318" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%20701%20408'%3E%3C/svg%3E" alt="" width="701" height="408" data-lazy-srcset="https://cdn.thebittimes.com/images/2023/09/02/ca01dafe2dcaf9536659ec38250e9fb5.webp 919w, https://cdn.thebittimes.com/images/2023/09/02/ca01dafe2dcaf9536659ec38250e9fb5.webp 300w, https://cdn.thebittimes.com/images/2023/09/02/ca01dafe2dcaf9536659ec38250e9fb5.webp 768w, https://cdn.thebittimes.com/images/2023/09/02/ca01dafe2dcaf9536659ec38250e9fb5.webp 150w" data-lazy-sizes="(max-width: 701px) 100vw, 701px" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/02/ca01dafe2dcaf9536659ec38250e9fb5.webp"> 
  <noscript> 
   <img decoding="async" class="aligncenter  wp-image-158318" src="https://cdn.thebittimes.com/images/2023/09/02/ca01dafe2dcaf9536659ec38250e9fb5.webp" alt="" width="701" height="408" srcset="https://cdn.thebittimes.com/images/2023/09/02/ca01dafe2dcaf9536659ec38250e9fb5.webp 919w, https://cdn.thebittimes.com/images/2023/09/02/ca01dafe2dcaf9536659ec38250e9fb5.webp 300w, https://cdn.thebittimes.com/images/2023/09/02/ca01dafe2dcaf9536659ec38250e9fb5.webp 768w, https://cdn.thebittimes.com/images/2023/09/02/ca01dafe2dcaf9536659ec38250e9fb5.webp 150w" sizes="(max-width: 701px) 100vw, 701px"> 
  </noscript></p> 
 <p style="text-align: center"><em>Source: Messari</em></p> 
 <p><span style="font-weight: 400">This uptick suggests a lurking enthusiasm among potential investors despite the prevailing bearish climate. Consequently, this could signify that investors simply wait on the sidelines, ready to inject fresh capital into the <a rel="noopener noreferrer nofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a> market.</span></p> 
 <p><span style="font-weight: 400">Moreover, technical indicators are starting to paint a more optimistic picture. The Moving Average Convergence Divergence (</span><span style="font-weight: 400">MACD</span><span style="font-weight: 400">) has shifted above the signal line with a reading of -0.0291. Additionally, the histogram shows green bars, indicating increased buying pressure.</span></p>  
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 </div> 
 <p><span style="font-weight: 400">Likewise, the stochastic RSI trend hovers at 34.92, just above the oversold threshold. Hence, if it crosses below 30, a possible reversal of the current bearish momentum may be evidenced.</span></p> 
 <p><img decoding="async" class="aligncenter  wp-image-158319" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%20720%20421'%3E%3C/svg%3E" alt="" width="720" height="421" data-lazy-srcset="https://cdn.thebittimes.com/images/2023/09/02/a2876f0a9a422b7503ff88da70b9eb59.webp 1118w, https://cdn.thebittimes.com/images/2023/09/02/a2876f0a9a422b7503ff88da70b9eb59.webp 300w, https://cdn.thebittimes.com/images/2023/09/02/a2876f0a9a422b7503ff88da70b9eb59.webp 768w, https://cdn.thebittimes.com/images/2023/09/02/a2876f0a9a422b7503ff88da70b9eb59.webp 150w" data-lazy-sizes="(max-width: 720px) 100vw, 720px" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/02/a2876f0a9a422b7503ff88da70b9eb59.webp"> 
  <noscript> 
   <img decoding="async" class="aligncenter  wp-image-158319" src="https://cdn.thebittimes.com/images/2023/09/02/a2876f0a9a422b7503ff88da70b9eb59.webp" alt="" width="720" height="421" srcset="https://cdn.thebittimes.com/images/2023/09/02/a2876f0a9a422b7503ff88da70b9eb59.webp 1118w, https://cdn.thebittimes.com/images/2023/09/02/a2876f0a9a422b7503ff88da70b9eb59.webp 300w, https://cdn.thebittimes.com/images/2023/09/02/a2876f0a9a422b7503ff88da70b9eb59.webp 768w, https://cdn.thebittimes.com/images/2023/09/02/a2876f0a9a422b7503ff88da70b9eb59.webp 150w" sizes="(max-width: 720px) 100vw, 720px"> 
  </noscript></p> 
 <p style="text-align: center"><em>Source: TradingView</em></p> 
 <h2 id="b-the-next-crucial-resistance-points-b"><b>The Next Crucial Resistance Points</b></h2> 
 <p><span style="font-weight: 400">If the bulls regain control and push past the $0.5041 resistance, the following targets to keep an eye on are $0.5489 and $0.5893. These levels could serve as crucial turning points for investors looking to capitalize on a potential upward swing.</span></p> 
 <p><span style="font-weight: 400">Although XRP is navigating through a rough patch, a combination of substantial adjusted volume and promising technical indicators suggests the possibility of a bullish reversal.</span></p> 
</div>  
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/xrp-s-rising-adjusted-volume-sparks-hope-tbt61323.html">https://thebittimes.com/xrp-s-rising-adjusted-volume-sparks-hope-tbt61323.html</a></p>

XRP's Rising Adjusted Volume Sparks Hope

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