XRP is shifting sideways above $2. The place will it go subsequent?
Key Help ranges: $2, $1.6
Key Resistance ranges: $2.5, $3
1. Momentum is Stalling
Since early February, XRP seems to be consolidating above the $2 assist degree whereas shifting sideways. Consumers tried a couple of instances to carry the worth above $2.5, however they’ve failed to take action. Earlier than bulls hope to revisit $3, they might want to flip $2.5 right into a key assist first.
2. Larger Timeframes Present Weak point
The momentum indicators such because the MACD and RSI present weak point on the weekly chart with no indicators that consumers are returning. The bias additionally leans bearish primarily based on this worth motion since bulls weren’t capable of break the present resistance at $2.5.
3. Lack of Curiosity Results in a Declining Quantity
For the reason that November 2024 peak, the XRP quantity has been declining. This shaped a bearish divergence which was confirmed in February 2025. Most not too long ago, sellers have dominated when it comes to quantity and consumers seem shy. Till this modifications, the worth in unlikely to maneuver above $3 once more.
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