XRP Price Update – More Downside Expected Below $2.15

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XRP is now trading at $2.15, getting very close to our target of $2.10. 

XRP Chart (Source Coingecko)

It has fallen from the recent high of $2.35, which shows strong selling pressure in the market.

Technical Analysis

On the 4-hour chart, XRP is moving below the EMA50 (50-period moving average), which means the trend is turning bearish (downward).

  • RSI is neutral, showing no strong buying or selling.
  • MACD is negative, which supports the idea of more downside.
  • Support level is at $2.14, and it is being tested right now.

What Could Happen Next?

If XRP breaks below $2.14, it could easily fall further and drop below $2.10 in the coming sessions.

If buyers fail to defend this support level, we may see more selling and a deeper fall. But if the price bounces from this support, a small recovery is possible.

Final Thoughts

XRP is under pressure. The break below the EMA50, a negative MACD, and a weak RSI are signs that the bears are in control. Keep an eye on the $2.14 support, if this level breaks, the price may go down even more.

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