XRP Stays Above 200-Week Moving Average as Traders Monitor Critical Support Around $2.5

XRP Price Resilience: XRP is currently trading at $2.51, showing resilience after testing the 200-week moving average at the $2.5 support zone, with strong liquidity observed between $2.4 and $2.5.

Market Sentiment and Indicators: The Relative Strength Index (RSI) remains neutral, indicating potential for movement, while shorter-term EMAs show traces of bullish strength, though sentiment appears to be weakening as price dips below them.

Volume and Trading Activity: A heatmap indicates that the highest trade volumes are concentrated between $2.4 and $2.5, forming a solid support base, while the $2.5 to $2.7 range is experiencing price consolidation with increased volatility.

Future Outlook: Traders are closely monitoring whether XRP will rebound from the current support or enter a deeper consolidation phase, with the defense of the trendline support being crucial for renewed momentum.