XRP is under pressure, having dropped nearly 7% over the past week. However, its 24-hour trading volume has increased by nearly 52%, reaching $2.3 billion, indicating heightened activity around the altcoin.

Several technical indicators are pointing to a bearish outlook, including weakening relative strength index (RSI), a fully bearish Ichimoku cloud configuration, and the approaching 'death cross' in the exponential moving average (EMA) lines. Given the fragility of sentiment and key levels, the next move for XRP is likely to depend on whether buyers step in or momentum continues to decline.

The RSI index for XRP has dropped to 36.97: is a reversal expected?

The relative strength index (RSI) for XRP has sharply declined to 36.97, down from 49.68 the day before. This drop indicates a clear loss of momentum, with the indicator approaching the oversold zone.

The RSI is a widely used momentum indicator that ranges from 0 to 100. It helps traders identify potential reversal zones.

Values above 70 typically indicate that the asset is overbought and may face a pullback, while values below 30 suggest that it may be oversold and ready for a rebound. Currently, with the RSI for XRP at 36.97, it is approaching the oversold threshold but has not yet reached it. This level signals a weakening of buyer pressure and may indicate further decline in the short term if selling continues.

However, if the RSI drops below 30 and stabilizes, it may trigger buying interest from traders looking for a rebound.

At this moment, XRP is in a caution zone — neither strongly oversold nor neutral — indicating that price dynamics in the coming days will be crucial in determining its short-term direction.

The Ichimoku indicator points to a downward trend for XRP with clear resistance from the cloud.

The Ichimoku cloud chart for XRP reveals a decisively bearish structure across all key components. The price is positioned below the Tenkan-sen (blue line) and Kijun-sen (red line), indicating that both short-term and medium-term momentum are directed downward.

This configuration typically indicates ongoing selling pressure without clear signs of a reversal in the near term. Additionally, the Chikou Span (green lagging line) is significantly lagging behind the current price and the cloud, reinforcing a strong bearish sentiment in terms of momentum.

This alignment of elements indicates that XRP remains under downward pressure, and buyers are unable to regain control over the trend. The Kumo (cloud), representing future support and resistance, has turned red and is sloping downward — another bearish signal. The price being significantly below the cloud confirms that XRP is in a fully bearish phase according to Ichimoku analysis.

Moreover, the gap between the Senkou Span A and B lines (cloud edges) is slightly widening, suggesting that bearish momentum may still be intensifying rather than dissipating. To change the outlook, XRP must first break above the Kijun-sen and eventually enter the cloud, neutralizing the bearish momentum.

Until then, the technical outlook remains weak, and traders may remain cautious unless a clear bullish reversal pattern appears.

XRP Outlook: Threat of a 'death cross', attention to resistance levels

The exponential moving averages (EMA) for XRP show signs of weakness, with a potential formation of a 'death cross' on the horizon.

The 'death cross' occurs when the short-term EMA crosses below the long-term EMA, signaling a potential transition to a sustained downward trend. If this bearish crossover is confirmed, the price of XRP may decrease to test the support level at $2.11.

Failure to hold this level could accelerate the decline, opening the way for further losses down to $2.03. However, if XRP can regain strength and reverse the current momentum, it may target resistance at $2.18.

A breakout above this level would be a short-term bullish signal and could push the price to $2.24.

Continued buying pressure could create conditions for a move towards $2.30 and possibly $2.36, especially if overall market sentiment improves.#BinanceSquare #Write2Earn #Squar2earn #xrp #Binance $XRP