XRP is transferring sideways above $2. The place will it go subsequent?
Key Help ranges: $2, $1.6
Key Resistance ranges: $2.5, $3
1. Momentum is Stalling
Since early February, XRP seems to be consolidating above the $2 help degree whereas transferring sideways. Patrons tried just a few instances to convey the value above $2.5, however they’ve failed to take action. Earlier than bulls hope to revisit $3, they might want to flip $2.5 right into a key help first.
2. Greater Timeframes Present Weak point
The momentum indicators such because the MACD and RSI present weak point on the weekly chart with no indicators that consumers are returning. The bias additionally leans bearish based mostly on this value motion since bulls weren’t in a position to break the present resistance at $2.5.
3. Lack of Curiosity Results in a Declining Quantity
Because the November 2024 peak, the XRP quantity has been declining. This fashioned a bearish divergence which was confirmed in February 2025. Most not too long ago, sellers have dominated by way of quantity and consumers seem shy. Till this modifications, the value in unlikely to maneuver above $3 once more.
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