XRP Price Faces Support Level Risks Near $1.30
- Price Volatility Analysis: XRP is currently priced at $1.42, down 0.7% in the last 24 hours, with a weekly range between $1.35 and $1.64, indicating sellers are capping rebounds at higher levels, resulting in a weak overall market structure.
- Liquidity Conditions: CoinGlass data shows futures volume up 0.96% to $3.75 billion, while open interest has slipped 0.43% to $2.36 billion, suggesting traders are active but not aggressively increasing leverage, with declining liquidity making prices more sensitive to sudden selling pressure.
- Key Support Level: The $1.30 level is a critical short-term support that has been tested multiple times; while rebounds have followed, repeated touches may weaken demand, and a daily close below this level could trigger accelerated selling.
- Market Sentiment Indicators: The relative strength index is hovering between 35 and 45, reflecting limited bullish momentum, and if the price can reclaim $1.40 to $1.45, momentum could improve, but a break below $1.30 would target $1.20 to $1.25 next.
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Technical Analysis for XRP
Technical Sentiment Analysis for XRP (XRP). As of , XRP (XRP) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 1 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for XRP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, XRP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
XRP (XRP) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.964 | 1.153 | 1.293 | 1.482 | 1.622 | 1.811 | 1.952 |
| Fibonacci | 1.153 | 1.279 | 1.356 | 1.482 | 1.608 | 1.686 | 1.811 |
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