#xrp XRP's current price is $3.00, with a market cap of $182 billion. Today's prediction suggests a bearish outlook due to recent court rulings affecting Ripple's settlement with the SEC.
Key Levels to Watch:
Support Levels:
$2.85 (key support)
$2.65 (next demand zone)
$2.45 (further support)
Resistance Levels:
$3.20 (first major resistance)
$3.40 (upside target)
$3.60 (potential high)
Technical Indicators:
Relative Strength Index (RSI): 39 (bearish lean)
Moving Averages: 20-50 EMAs at $2.96-$3.03 act as resistance
Market Sentiment: Bearish pressure due to regulatory uncertainty
Price Predictions:
Short-term: $2.90 (current price), potentially consolidating inside the $2.85-$3.20 range
Long-term: Potential surge to $5.5 possible with Ripple's RLUSD Japan expansion, but regulatory clarity is crucial.