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XRP/USD - A slight decline is about to happen

Yesterday, bears did not give a single chance for buyers to test the target mark of $0.29. They rolled back a pair below the average price level and set a local minimum at $0.266.

On the 1H chart, XRP is forming a reversal figure. The RSI indicator has not reached yet the oversold area, confirming the possible decline.
The colored EMA/SMA line changed to the red color which means the dominance of sellers on the market. In a short-term scenario, the coin will reach $0.26 until October 14.

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