XRP is currently trading around $1.93 , holding strong above a key support level at $1.80 . This support zone has remained intact during recent sessions, showing solid buying interest and reducing the risk of further downside. XRP Chart (Source TradingView) Despite this stability, XRP is still trading below the 50-period Exponential Moving Average (EMA50) on the 24-hour chart , which is acting as an important resistance near $2.02 . A clear break above this level would be crucial for initiating a short-term recovery. Technical Indicators Show Improving Momentum Momentum indicators are starting to favor the bulls: RSI (24H) is trending upward, signaling increasing bullish strength while remaining in a healthy range. MACD (24H) indicates that selling pressure is fading, with momentum gradually shifting toward buyers. These indicators suggest that XRP may be preparing for a bullish move in the coming sessions. XRP Price Outlook If XRP successfully breaks and sustains abo...
XRP is currently trading at about $1.94, just under the $2.00 mark we identified as a strong resistance point. The price rose from $1.87 but struggled to break through $2.00, where the 4-hour EMA50 serves as a significant barrier. XRP Chart (Source TradingView) XRP’s Current Technical Picture EMA50 Resistance (4H): XRP is still below the EMA50, which shows that short-term momentum is limited. A lasting move above this level is necessary for bullish momentum. MACD (4H): This indicates selling pressure, showing that buyers are not fully in control yet. RSI (4H): This is in neutral territory, meaning the market is balanced without a clear dominance from buyers or sellers. Short-Term Range As long as XRP remains below the EMA50, it will likely trade between $1.85 and $1.97. The price is expected to move sideways until it either breaks above resistance or falls below support. What Could Trigger a Bullish Move A confirmed break above the EMA50 (4H) could signa...