$XRP

XRP (XRP) Trading Snapshot – April 9, 2025

Current Price: $1.82

24h Change: –5.02%

Volume: $9.23M

7-Day Performance: –12.7%

30-Day Performance: –20.3%

Recent Price Action (Daily Close & % Change):

Apr 08: $1.82 (–5.02%)

Apr 07: $1.91 (+5.81%)

Apr 06: $1.80 (–12.00%)

Apr 05: $2.05 (–1.98%)

Apr 04: $2.09 (+4.84%)

Apr 03: $1.99 (–0.18%)

Apr 02: $2.00 (–7.39%)

Technical Indicators (Daily Timeframe):

RSI (14): 46.2 – Neutral zone

MACD: –0.284 – Bearish momentum

ADX (14): 36.1 – Strong trend building

Williams %R: –65.6 – Approaching oversold

EMA 20 / 50: Bearish crossover

Stochastic RSI: Below 30 – Oversold conditions

Support & Resistance:

Key Support: $1.75

Short-Term Resistance: $1.90

Breakout Zone: $2.10 and above

Trade Mindset:

Bearish Pressure: XRP is struggling to hold above key support zones with multiple bearish indicators.

Potential Bounce: Near oversold readings may invite short-term buyers if $1.75 holds.

Watch Volume: Confirmation of trend direction will rely heavily on high-volume breakouts or breakdowns.

Summary:

XRP is currently in a downward trend following a sharp correction. Technical indicators suggest caution, though oversold metrics may lead to a temporary rebound. Traders should look for a recovery above $2.00 to shift the short-term outlook to bullish.

Next Move?

If global sentiment calms and markets stabilize, XRP could retest $2.10–$2.20 in the near term.

ALWAYS DYOR BEFODE INVEST