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XRP Price Update: Is a Bigger Drop Coming?

XRP is now trading at $2.24, just like we predicted yesterday. 

XRP Chart (Source Coingecko)

On the 4-hour chart, the price has moved below the EMA50, which is a sign that the trend is getting weaker.

What the indicators are showing:

  • RSI (Relative Strength Index) is at 32, which means XRP is close to the oversold zone. This could lead to a small bounce in the price.
  • MACD (Moving Average Convergence Divergence) is still showing negative signals, which suggests that the price might go down even more.

What to expect next:

XRP may bounce a little to cool down the RSI, but the overall trend still looks bearish.
Our next target is $2.18.

Tip: Watch the RSI closely. If it drops below 30, it enters the oversold zone, which can lead to a short-term recovery — but the downtrend might continue after that.

Stay safe and manage your trades wisely.

______👇

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👉 Link: https://t.me/CryptoTimely


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