Analyst: XRP is oversold, buying may be a good idea

According to Zycrypto, Think Markets chief market analyst Naeem Aslam recently said on Twitter that individuals think XRP is oversold and buying at current prices may be a good idea. Aslam also said that the XRP market trend is currently below the 200-week moving average, and the RSI (Relative Strength Index) has fallen below 37 points. In Aslam's view, these dynamics suggest that the bear market may have ended and paved the way for a potential bull market. CoinMarketCap market shows that the global average price of XRP is now 0.2676 US dollars, with a 24-hour increase of 0.57%.