XRP Price Update: Potential retest before recovery?
XRP is trading at $3.10, below the 4H EMA50, which suggests a short-term downtrend. The RSI is neutral, showing no immediate momentum. Moreover, MACD is indicating a negative signal, hinting at further downside.
A critical support level lies at $2.96, and it’s quite likely that XRP may retest the $3.00 mark before a recovery.
Traders are advised to monitor this area for reversal signals or additional drops.