XRP price analysis:
_Current Price:_ XRP is fighting to stay above $3.25, with a current price slightly below that level.
_Trend Analysis:_
- The price began a bearish drop around $3.250 and is currently below $3.150 and the 100-hour SMA.
- A negative trend line connects to the $3.10 barrier on the hourly XRP/USD chart.
_Support and Resistance Levels:_
- Support levels: $3.050, $3.00
- Resistance levels: $3.10, $3.20, $3.250, $3.350, $3.3650, $3.450
_Technical Indicators:_
- The hourly MACD for XRP/USD is moving bearishly.
- The Relative Strength Index (RSI) for XRP/USD is below 50.
_Possible Scenarios:_
- If XRP remains above $3.00, it may rise again and target the $3.10 barrier.
- If XRP fails to break the $3.10 barrier, it may fall again and test the $3.050 and $3.00 support levels.
- A bearish break and closing below $3.00 might push the price near $2.880 and then $2.750.