XRP is currently trading below the 4-hour EMA, showing continued short-term weakness. The price is now hovering around $1.89, after touching its immediate support near $1.87. As long as XRP remains below the 4-hour EMA, bearish pressure may persist.
XRP Chart (Source TradingView)
If XRP manages to jump above the 4-hour EMA at $2.00, it would signal a potential trend shift. A sustained move above this level could trigger a recovery rally toward $2.10 and possibly higher in the near term.
Key Support Levels
The first major support for XRP stands at $1.87, which is currently being tested.
The next solid support lies at $1.84.
If this level fails to hold, downside momentum could accelerate, and XRP may drop toward the $1.77 zone, a major demand area.
Technical Indicators Signal Mixed Momentum
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On the 4-hour chart, the MACD is showing early positive overlap, hinting at a possible short-term recovery.
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However, the RSI on the 4-hour timeframe is still in negative territory, suggesting that bearish pressure has not fully faded yet.
This mixed technical setup indicates that XRP could attempt a short-term bounce, but confirmation is still needed.
Key Resistance and Recovery Zone
For XRP to show meaningful recovery, it must first break above the $1.96 resistance level and then reclaim the 4-hour EMA near $2.00.
If XRP successfully holds above $2.00, buyers are likely to step in, pushing the price toward $2.10 and potentially higher.
Outlook
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Bullish Scenario:
A break and hold above $1.96, followed by a move above the 4-hour EMA at $2.00, may trigger buying interest, pushing XRP toward $2.10 and beyond. -
Bearish Scenario:
If the current support at $1.87 fails, XRP is likely to test $1.84, followed by a deeper move toward the $1.77 zone.
Conclusion
XRP is at a critical junction. The $1.87 support must hold to avoid further downside. While early recovery signs are appearing on the MACD, the RSI still reflects weakness. A confirmed move above $1.96 and especially above the 4-hour EMA at $2.00 would be needed to shift momentum back in favor of the bulls.
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