XRP Remains Under Pressure as Market Sentiment Turns Cautious

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 1 day ago

Should l Buy XRP?

Bearish Market Structure: XRP continues to form lower highs, with the price trapped between resistance zones of $1.41 and $1.46, indicating a lack of confidence in upward movement and increasing the likelihood of further declines.
Support Levels Under Pressure: XRP is testing a fragile support zone between $1.39 and $1.38, showing limited buying strength; a break below this level could expose the next support range of $1.36 to $1.34, heightening market downside risks.
Reduced Activity in Derivatives Market: Market data indicates declining trader confidence, with open interest dropping to around $2.5 billion, reflecting cautious positioning and persistent capital outflows, suggesting a trend of capital exit.
Technical Indicators Support Bearish Outlook: XRP is trading near the lower Bollinger Band and has lost the 0.5 Fibonacci level, which now acts as resistance, highlighting weak demand and limited buyer participation, as market sentiment turns defensive.

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Technical Analysis for XRP

Technical Sentiment Analysis for XRP (XRP). As of , XRP (XRP) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 3 indicators are flashing buy, while 0 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	1.254	1.307	1.353	1.405	1.451	1.503	1.549
Fibonacci	1.307	1.344	1.367	1.405	1.443	1.466	1.503

About XRP

Launched in 2012, the XRP Ledger (XRPL) is an open-source, permissionless and decentralized technology. Benefits of the XRP Ledger include its low-cost ($0.0002 to transact), speed (settling transactions in 3-5 seconds), scalability (1,500 transactions per second) and inherently green attributes (carbon-neutral and energy-efficient). The XRP Ledger also features the first decentralized exchange (DEX) and custom tokenization capabilities built into the protocol. Since 2012, the XRP Ledger has been operating reliably, having closed 70 million ledgers.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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