Technical analysis by biodunoladokun about Symbol XRP on 7/8/2025

XRP has seen a 4% price spike over the past seven days, but under the surface, momentum is showing signs of weakness. The Chaikin Money Flow (CMF) indicator has been trending downward, currently sitting at 0.02 and threatening to dip below the crucial zero line. This forms a bearish divergence—where price continues to rise while buying pressure fades.The CMF, which gauges the strength of capital inflows and outflows, turns bearish when it falls below zero, signaling distribution and declining investor confidence. Although XRP’s CMF hasn’t crossed into negative territory just yet, the downtrend suggests weakening accumulation.If this trend persists and fresh demand fails to step in, a bearish reversal could be on the horizon. Traders should keep a close eye on CMF behavior over the coming sessions.Ask ChatGPT