$XRP XRP is currently around $2.97, after a slight increase (~2.4%) over the past 24 hours.
The price is still under strong pressure, having incurred a decline of about 12–15% over the last week.
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Technical indicators and market movements
Technical indicators and variables:
The chart shows a descending triangle formation, which is a pattern that usually indicates the risk of continuing the downward trend towards $2.40 if the current support is breached.
If XRP can regain the $3 level as a key support, it may experience a positive reversal towards resistance levels such as $3.10 and $3.65.
$XRP Short-term general trend: Downward, evident from the sequence of red candles and recording a new low at 2.8488.
2. Current support: around 2.85 (if it breaks, we might see a drop to the level of 2.80 or lower).
3. Nearby resistance: at 2.92 – 2.95, and if it breaks, it might return to test 3.00.
4. Indicators (MA5 and MA10): Close together and indicating sideways movement after a strong drop, meaning the market might enter a phase of fluctuation before determining a new direction.
$BTC بعد وصول البيتكوين إلى مستوى قياسي يقارب 124,000 دولار الأسبوع الماضي، بدأ المستثمرون بجني الأرباح. هذا ما أدى إلى انخفاض في الأسعار، مثل: تراجع البيتكوين بنسبة نحو 2%، والإيثيريوم حوالي 3–5%، وXRP حوالي 4% .
$ETH It shows a cautious upward bias, with the 5-period Exponential Moving Average (EMA5) at around $4,607 above the 10-period EMA at $4,470, indicating a positive trend structure.
However, the RSI is near 70 and the StochRSI is above 92, indicating a positive trend structure.
$ETH shows a cautious upward trend; where the 5-period Exponential Moving Average (EMA5) at around $4,607 is ahead of the EMA10 at $4,470, indicating a positive trend structure.
However, the RSI is close to 70 and StochRSI is above 92, indicating the likelihood of a correction or continued short-term consolidation.
The positive momentum signal from the MACD supports the continuation of upward pressure.
Critical points:
Major Support: Between $4,550 – $4,600
Secondary Support at $4,500
Immediate Resistance: $4,650 – $4,700
If the price exceeds, it may head towards $4,800 and possibly $5,241 if strong momentum continues.