Price & Market Action
XRP is trading at approximately $2.83, down around 6% over the past 24 hours. The intraday range is between $3.02 (high) and $2.75 (low) .
Broader market triggers include new U.S. tariff announcements, which sparked a sell-off across crypto: XRP declined ~6.1%, while BTC and Ether also fell sharply .
🔹 Technical & Sentiment Indicators
XRP recently fell below the key $3.00 support level and is now battling for firm footing near that zone .
Indicators like MACD and RSI remain in bearish territory, showing continued trading pressure and no clear sign of reversal yet .
Futures open interest dropped over $2.4 billion, suggesting large traders are stepping back, while liquidity is thinning out .
🔹 Key Levels
Resistance: $3.00 to $3.32 — if prices remain below this range, bullish momentum is unlikely .
Support: $2.94‑$2.95 holds initial defense; if it breaks, the next zone is around $2.70, with even deeper levels near ~$1.90 being discussed if sell-off continues .
🔹 Signals of Weakening Bear Trend
While the downtrend is ongoing, some indicators hint at seller exhaustion: derivatives volume and spot volume are declining, which could precede a short squeeze or bounce-back if price stabilizes around support levels
✅ Summary: XRP Sentiment at a Glance
Metric Today’s Status
Price Movement –6% decline, trading at ~$2.83
Market Reaction Shock from U.S. tariffs
Support Zone $2.94–$2.70; target drop near $2.70 or below
Resistance Zone $3.00–$3.32
Technical Indicators Bearish RSI/MACD; weak momentum
Liquidity/Futures Falling open interest; low volume
Potential Bounce Signs Signs of exhaustion near support
Bottom line: XRP shows strong bearish momentum today, driven by technical weaknesses, falling support, and broader macro shocks. While short-term recovery around ~$2.94–$3.00 is possible if support holds, the general bias remains negat
ive unless price breaks upward convincingly.