XRP has been trading with relatively low volatility in recent weeks, consolidating below key resistance levels as broader market momentum stalled. While the recent rebound in support suggests there are still short-term buyers present, the price remains trapped within a range with no clear bullish conviction.
Technical Analysis
By Shayan
The USDT pair
On the USDT pair, XRP is hovering around $2.50, still below the confluence of the 100-day and 200-day moving averages. Following the sharp liquidation in the demand zone, the asset rebounded quickly but failed to break back above key resistance around $2.60.
The RSI has also leveled off around 45, reflecting weak momentum and a lack of strong bullish drive. Unless price reclaims the moving averages and breaks above the $2.60-$2.75 zone on volume, the path of least resistance remains sideways to slightly bearish. Either way, a return to the support level around $2.20 would provide buyers with better risk reward.
The BTC pair
Looking at the XRPBTC chart, the price remains under pressure after multiple failed attempts to regain key resistance levels. It is currently trading around 2,270 sats and remains below the 100- and 200-day moving averages. This whole structure has been a long-term accumulation or dispersal zone, depending on how it develops.
While the recovery from the 2,000 sat zone shows that buyers are still defending key long-term support, there is little reading to indicate strength. The RSI at 47 indicates neutral momentum, but unless a clean break above 2,500 sats occurs on high volume, XRP will lag Bitcoin.
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