Skip to main content

XRP Price Update: Could We See an 11% Drop Soon?

XRP is currently trading at $2.78 and showing signs of weakness in the market. 

XRP Chart (Source Coingecko)

Right now, it’s under clear selling pressure, and unless something shifts soon, a further drop could be on the way.

The price has fallen below the 50 EMA on the 4-hour chart, which is usually a bearish sign. On top of that, RSI is sitting in the oversold zone, and the MACD is turning negative — both signals that sellers are still in control.

The key level to watch here is $2.60. If XRP breaks below that, it could slide all the way down to $2.47 — that’s roughly an 11% drop from the current price.

If you’re trading XRP, it might be best to stay cautious for now. Look for signs of a reversal or stabilization before thinking about jumping in on a long position.

What I Offer on My Telegram Channel:

1. Crypto Signals – BTC, ETH, XRP, BNB, SOL, AVAX, LINK

2. Commodities – Gold (XAUUSD), US/Oil, USD/JPY

3. Account Management – Grow your portfolio

👉 Join my Telegram channel & message

https://t.me/bwtinternational

Comments

Post a Comment

Popular post

Why Is Bitcoin Going Up? BTC Hits $97K After Buy Signal

Bitcoin (BTC) is going up, reaching $97,000 on January 14, 2025. It dropped below $90,000 on Monday, which worried some people. The price is rising because of a strong buy signal at $92,000. Experts think Bitcoin could reach $103,000 or even its highest price of $108,000 soon. Could Bitcoin reach $1 million? Some say it’s possible, but others think it will stay lower in 2025. 
Post a Comment
Read more

Ethereum Heading Towards $4,000:

Big Potential Ahead! Ethereum is close to hitting $4,000, following a strong rising trend. Experts believe that if ETH breaks its past high of $4,500, it could reach $5,000–$5,500 in the next bull run. Some even predict ETH could hit $6,000–$7,000 if it continues to rise. Hold tight—big gains could be coming!
Post a Comment
Read more

🚀 XRP Price Update – Is a Breakout Coming?

XRP is trading at $2.81, up 1.89% in the last 24 hours.  With strong resistance at $3.00,  a breakout could push XRP toward $3.20 or its ATH $3.38+! Key levels to watch: 🔹 Resistance : $3.00 - $3.20 (Break = 🚀) 🔹 Support : $2.50 - $2.20 (Pullback zone) 🔹 Sentiment : Bullish, but Fear & Greed Index at 50 (Neutral) A breakout above resistance will confirm further upside momentum.
Post a Comment
Read more