$XRP is currently trading around $2.03 USDT. (CoinMarketCap)
On the daily chart, XRP remains in a clear bearish regime: the price is below the 20-day, 50-day and 200-day EMAs, and the RSI is near oversold levels (≈31), while MACD remains negative. (The Cryptonomist)
In the short term, intraday momentum is improving slightly: hourly charts show a neutral stance, suggesting sellers’ momentum has cooled but buyers haven’t fully taken control. (The Cryptonomist)
Key levels to watch:
Support: around $1.90, which if broken could open downside toward ~$1.75 or lower. (CryptoPotato)
Resistance: near $1.97-$2.00 and above that the EMAs around $2.22 and beyond. A break above $2.00 would be needed to shift structure. (The Cryptonomist)
Outlook: The dominant trend remains bearish. Unless XRP can reclaim and hold above ~$2.00 with momentum turning positive, the path of least resistance seems downward. Short term consolidation or slight bounce is possible, but a full trend reversal isn’t confirmed yet.
Bottom line: XRP is in a wait-and-see phase. For traders: consider fading strength toward resistance. For long-term buyers: waiting for clear bullish confirmation may be prudent.
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