📈$XRP Sideways Chop or Stealth Setup? 👀
After its explosive move earlier this month, XRP is currently caught in a holding pattern. The price has pulled back from its local peak of $3.70 and is now hovering around $3.11, with bulls continuing to defend the $3.00 support level — but with fading momentum.
🔍 Market Overview
Current Price: $3.114
Range: $3.05 – $3.18
9-Day SMA: $3.2460
Volume: Weak
Trend Bias: Bullish (long-term), Neutral-to-Weak (short-term)
$XRP is trading below the 7-day moving average, which has flipped into short-term resistance. Without strong buying volume or a catalyst, it looks like the market is in wait-and-see mode.
🧠 What We Got Right (Yesterday's Recap)
✅ We flagged $3.30 as the breakout level XRP needed to reclaim to target $3.65–$3.82.
🔄 That breakout didn't happen — price stayed range-bound between $3.00–$3.14, just as expected.
📉 We warned that a breakdown below $3.00 could open the door to $2.80 or even $2.44 — so far, $3.00 is holding.
📊 Technical Indicator Snapshot
Indicator Value Signal
RSI (14) 57.16 🔼 Bullish – still above 50
ADX (14) 60.12 🔼 Strong trend in place
MACD (12,26) 0.172 🔼 Positive momentum
CCI (14) -65.09 🔽 Bearish – short-term weakness
ROC 6.699 🔼 Bullish – positive acceleration
Bull/Bear Power -0.0387 🔽 Bears slightly ahead
📉 Short-term momentum is fading, despite the bigger trend still favoring bulls.
📈 What the XRP Chart Says
✅ Long-term trendline from April is intact
❗ But short-term candles are shrinking, and volume is drying up — a classic sign of indecision.
Unless XRP closes above $3.25, the upside remains capped.
A close below $3.00, however, could lead to sharp downside.
🧭 Scenarios to Watch Today
🔼 Bullish Scenario:
If bulls reclaim $3.30, look for targets at $3.65 → $3.82.
⚖️ Neutral Scenario:
Expect choppy price action between $3.00–$3.14 as the market cools off.
🔽 Bearish Scenario:
A break below $3.00 could send XRP sliding to $2.80, or worse, $2.44.
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