$XRP quotes today near $2.98–$3.00 USD, after a drop of -5% to -8% in the last 24 hours. The intraday range has been identified between $2.94 and $3.17 USD, with a daily volume exceeding $6 billion USD. There is selling pressure, although accumulation by large holders is detected at certain institutional levels. A great deal of attention is focused on the psychological and technical level of $3.00, which has been defended repeatedly.
🔍 General technical analysis
The technical structure shows mixed signals and a clear short-term bearish bias:
The RSI (14) is at ~55–56, a neutral reading that shows neither overbought nor oversold conditions.
The MACD (12,26) is close to +0.17, giving a slight buy signal in the medium term.
The ADX (14) is around 43, indicating that there is a trend, but not very strong.
The Stochastic (9,6) and StochRSI (14) show values in a neutral or slightly oversold zone (~24–28), with no clear signals of immediate reversal.
According to TradingView, the daily technical rating is Neutral, while on 1 week and 1 month timeframes, a Buy bias is observed.
On platforms like Bitget, the MACD appears negative (~–0.05), and overall the indicators lean towards a general Sell signal for the short term.
📌 Key supports and resistances
Based on classic pivots from TipRanks:
Support S1: $3.08 (daily pivot)
Additional supports: $3.00 and $2.96 (key defense areas for institutional accumulation)
Immediate resistance: $3.13 – $3.17 (intraday level and technical pivot)
Higher resistances: $3.20 – $3.25 – $3.32; breaking $3.32 with volume could open the way towards $3.50 or more.
TipRanks also highlights support at $2.96, and important resistances at $3.20 and $3.25.
🧩 Summary of technical perspective
XRP is in a critical phase: a firm defense of support at $3.00 USD could stabilize the market and allow for a recovery towards $3.13–$3.17, and potentially to higher zones.