XRP Price Update: Possible Retest Ahead

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XRP is currently trading at $3.30 after recovering from the oversold zone. 

XRP Chart (Source Trading View)

The Relative Strength Index (RSI) has moved back to a neutral level, showing that the recent selling pressure has eased for now.

However, XRP is still trading below the 50-day Exponential Moving Average (EMA50), which suggests that bearish momentum may continue.
The MACD indicator remains choppy, giving no clear signal of a trend reversal or continuation.

Despite the short-term stability, XRP could face selling pressure again in the coming days. If that happens, the price may retest the $2.20 support zone, which previously acted as a strong base.

Key Points:

  • Current price: $3.30

  • RSI: Neutral

  • Trading below EMA50

  • MACD: No clear signal

  • Possible retest of $2.20 support zone

Traders should watch for any signs of weakness or a confirmed breakdown before taking action. As always, manage your risk carefully.

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