In the past 24 hours, the price of XRP has seen a short-term decline of about 1.1%, pushing the price down to $2.22 and stabilizing around $2.25. This price movement reflects a combination of minor pullbacks and short-term recovery efforts. On April 30, 2025, the overall volume of XRP indicated stable market momentum despite this short-term price drop.
Therefore, investors are closely monitoring price movements to find the right time to invest in XRP. Below is the performance over the past 24 hours of XRP, providing important insights for traders to determine whether it is likely to break out or collapse.
XRP Fluctuates Within Trading Range
At the start of the trading day on April 29, 2025, Ripple price volatility began with a short-term increase. At 01:45 UTC, a pin bar formed as a signal candle, followed by a bearish candle, indicating a potential downtrend. Likely, at $2.3107, XRP faced resistance and entered a downward channel. A Death Cross on the moving averages confirmed this downtime.
However, at 04:50 UTC, the oversold RSI condition occurred, indicating a potential reversal trend. Within the positive range, at 05:55 UTC, the price found support at $2.2652 and began to experience an upward trend. A Golden Cross on the MACD at 06:10 UTC reaffirmed this upward trend.
Then, at 09:55 UTC, a pin bar formed and tested resistance at $2.3043, pushing XRP to $2.2652. A Death Cross confirmed this downtrend as the moving averages crossed at 10:30 UTC. Conversely, at 13:25 UTC, support was found at $2.2652 and moved within an upward channel. A Golden Cross on the MACD at 13:35 UTC confirmed this upward momentum. Notably, at 16:45 UTC, XRP price volatility faced resistance at $2.3043 and experienced a short-term drop. A Death Cross on the MACD at 16:55 UTC confirmed this short-term decline.
Shortly after, at 17:05 UTC, support was found at $2.2857 and experienced a short-term bullish momentum. However, a pin bar followed by a bearish candle signaled a potential downtrend. Likely, the price faced resistance at $2.2996, leading to a drop to a low of $2.2230. At 23:10 UTC, an oversold RSI occurred indicating a potential trend reversal. As expected, support was found at $2.2230, rising and closing at $2.2417. A Golden Cross on the MACD at 23:35 UTC reaffirmed this bullish move.
XRP Recovers From $2.2230 – April 30, 2025
Following the upward trend of the previous day, on April 30, 2025, the price of XRP continued the upward trend. At 00:40 UTC, a pin bar, followed by a bearish candle, coincided with a Death Cross on the MACD, signaling a potential downtrend. Likely, the price faced resistance at $2.2502 and experienced a short-term drop. At 01:50 UTC, support was found at $2.2265 and moved within a gradual upward channel. Then, at 05:25 UTC, the price broke through the main resistance level and is eyeing a breakout. However, an overbought RSI region at 05:35 UTC indicated a trend reversal.
Will the price of $XRP break out?
In today’s price analysis, it is clear that the price of Ripple is expected to have a bullish trend. Since the overbought RSI appeared at $05:35 UTC, there is a high likelihood of a short-term decline. In a possible scenario, if XRP leads to a breakout, it could bounce back to previous highs. If it leads to a false breakout, XRP may be pulled back and experience a sharp decline. As price action is undergoing significant changes, investors should closely monitor key levels before engaging in XRP investments.
