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XRP Price Analysis: Key Levels to Watch

XRP is currently trading at 2.74, showing weakness as it remains below the EMA50 (4H).

XRP Chart (Source Coingecko)

 This indicates that the short-term momentum is tilted toward the bearish side. Supporting this outlook, both the RSI and MACD are signaling negative momentum, suggesting selling pressure is still active in the market.

The most important level to watch right now is the 2.70 support zone. If this level fails to hold, XRP could extend its decline toward the 2.50 and even 2.40 zones, where the next strong supports are located. On the other hand, if bulls manage to defend the 2.70 level, we could see a rebound in price, with the first target being the 2.90 resistance level.

Overall, the short-term bias for XRP remains bearish as long as it trades below 2.70. However, a successful defense of this key support could open the door for a recovery move in the sessions ahead.

Key Levels:

  • Support: 2.70, 2.50, 2.40
  • Resistance: 2.90
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