XRP price trend analysis for the next 24 hours
Update morning 27/04/2025
1. Market overview
Current price: ~$2.17
24h volatility: -0.01364%
Day high - low: $2.24 – $2.17
Trading volume: showing signs of slight decline.
In the general context, the cryptocurrency market in general and XRP in particular are dominated by cautious sentiment. Although many technical analyses predicted that XRP could rise to the $2.74 area in April 2025 due to positive signals, the current resistance is still very strong, causing the upward trend to stall in the short term.
2. Detailed technical analysis
Key indicators:
RSI (4H frame):
Current value around 45.
Assessment: Neutral, slightly leaning towards the sell side.
MACD (4H frame):
The MACD line is below the signal line.
Assessment: Confirms short-term downward trend.
Trading volume:
Slightly decreasing compared to previous sessions.
Assessment: Shows a lack of momentum from buyers, market sentiment is still hesitant.
Notable price ranges:
• Near support: $2.15 – $2.17
• Strong support: $2.00 – $2.04
• Resistance near: $2.20 – $2.24
• Strong resistance: $2.30 – $2.32
• Potential target zone (in a very positive scenario): $2.74
Overall situation:
• The price is fluctuating close to support $2.15 – $2.17.
• Recent sell-offs have restrained the upward momentum.
• If it does not quickly surpass $2.24 with strong buying power, the risk of a correction to the $2.00 area will increase.
3. Price scenarios for the next 24 hours
Scenario 1 (priority): Weak sideways or slight decline
• The price may continue to fluctuate within the range of $2.15 – $2.22.
• If it breaks $2.15, the possibility of a deeper decline to $2.04 – $2.00 is high.
• The risk continues to dominate if there is no strong new cash flow.
Scenario 2 (less likely): Strong rebound
• If XRP decisively surpasses $2.24 with high volume, it may reopen the short-term upward trend towards $2.30, even further to $2.50 – $2.74.
• However, currently, the confirmation breakout signal has not appeared.
4. Short-term trading recommendations
Short strategy (priority)
• Entry: $2.20 – $2.22
• Stop-loss: $2.25
• Take Profit 1: $2.15
• Take Profit 2: $2.00
Long strategy (backup)
• Entry: $2.15 (when there is a signal to maintain support)
• Stop-loss: $2.12
• Take Profit: $2.22 – $2.24
Important note: Capital management should be tight and avoid large volumes for long orders until there is a clear confirmation of a trend reversal.
Open position chart:
5. Conclusion
XRP is under slight correction pressure in the short term. In the next 24 hours, prioritize trading in a slight downtrend and flexibly trade according to support/resistance levels.
If there is a sudden breakthrough due to news or cash flow, be ready to adjust the trading plan quickly.