![Ripple [XRP] prices decline, but platform integration makes investors bullish](https://i.headtopics.com/images/2023/5/9/cryptoamb/ripple-xrp-prices-decline-but-platform-integration-ripple-xrp-prices-decline-but-platform-integration-1655748170276646915.webp)
Limewire announced the integration of Ripple (XRP) as a payment option for token sales. XRP's declining price did not deter investors who remained bullish on the token.
XRP declines further
Despite the exciting integration of XRP on Limewire, the cryptocurrency was facing a downward trend according to its daily timeframe chart. Over three consecutive days, XRP experienced a decline, resulting in a total loss of nearly 7%. What’s concerning is that each day’s losses were more significant than the previous day. At the time of writing, XRP was trading at approximately $0.43, reflecting a loss of almost 4%.The price trended below the short Moving Average , which also acted as a resistance level around the $0.48 price range. Unfortunately, XRP had not recovered from the bearish trend it entered in April.
This was evident in the Relative Strength Index , which indicated that XRP was still below the neutral line and displayed a downward trend.Despite XRP’s downward trajectory, investor sentiment remained surprisingly bullish for the token. According to data from , XRP had a positive funding rate as of this writing. This indicated that investors were optimistic and expected the token’s price to increase.
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