📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
Is the Rise of XRP Coming to an End? What Do On-Chain Data Show?
XRP Bulls Show Signs of Fatigue
In the daily chart, the Relative Strength Index of XRP shows readings of (RSI), indicating that the market may be overbought. As of this writing, the token's RSI value is at 72.95, which is above 70 and signals the exhaustion of incoming buyers.
The RSI indicator measures the overbought and oversold market conditions of an asset. It ranges from 0 to 100. Values above 70 indicate that the asset is overbought and may be ready for a price decline, while values below 30 suggest that the asset is oversold and may experience a recovery.
The RSI value of XRP, which is at 72.95 and rising, indicates that the upward momentum is likely to experience a cooling soon. Traders may interpret this as a signal to take profits, which could put further pressure on XRP's price.
If demand stops in the next few trading sessions, the price of XRP may drop to the level of 2.45 Dollars.
However, if buying pressure continues to increase, XRP may rise towards the $2.65 level.