XRP has recently been under strong selling pressure, losing more than 7% of its value. As the Relative Strength Index (RSI) approaches the oversold zone, price movements are shaped by weakening momentum and fragile market sentiment. In particular, Ichimoku Cloud and EMA indicators suggest that bears are in control.

Price Under Pressure, Buying Interest Limited

While XRP experienced a sharp decline over the past week, a 52% increase in 24-hour trading volume reaching $2.3 billion shows that investors are still active. However, technical indicators suggest that this volume is largely derived from sell-side transactions.

RSI is Falling: Approaching Critical Region

XRP's RSI value dropped to 36.97, showing a significant decrease from the previous day's level of 49.68. An RSI below 30 is considered an oversold signal, and at this point, buying reactions may occur. However, since this threshold has not yet been reached, pressure on the price may continue. The movement of the RSI in this region should be closely monitored for possible directional changes in the short term.

Ichimoku Analysis: Clear Downward Outlook

The downward trend in the Ichimoku Cloud structure is evident. The XRP price is below both the Tenkan-sen and Kijun-sen lines, confirming short and medium-term weakness. Additionally, the Chikou Span is quite far from both the price and the cloud structure, painting a picture where momentum is clearly negative.

The color of the cloud has turned red, and a decline is also prominent in the forward projection. This indicates that XRP must first rise above the Kijun-sen to reverse its trend and then enter the cloud to transition to a more neutral structure.

EMA Indicators: Death Cross Approaching

Exponential moving averages are giving negative signals for XRP. The potential "death cross" that could occur with the short-term EMA falling below the long-term EMA may open the door to a new wave of decline. In this case, XRP is likely to test the support at $2.11. If this level is lost as well, the price could drop to $2.03.

What is Needed for a Positive Scenario?

For XRP to recover, it is essential to surpass the resistance level of $2.18. If sustainability can be achieved above this region, short-term bullish targets could be $2.24, $2.30, and $2.36 in order. However, this scenario also depends on a more optimistic atmosphere in the overall market.

Conclusion: A Crypto Asset at Critical Thresholds

In summary, XRP is currently in a technically weak position, and the downward trend has not yet ended. Market sentiment and indicators indicate that caution is necessary. In particular, the range of $2.03–$2.18 will play a critical role in determining price movements in the coming days.


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