The cryptocurrency market has inched higher over the last 24 hours, with most of the top assets trading in the green. Bitcoin continues to lead, holding above $111,000, supported by strong daily trading volumes. Ethereum also pushed higher, crossing $4,600. XRP managed to hold around the $3 mark, rising 5% in the last 24 hours.
On the weekly timeframe, XRP continues to display a strong bearish divergence that analysts have been observing for weeks. This pattern first became clear when XRP traded around $3.40, and since then, the coin has struggled to maintain upward momentum. Historically, such divergences have often preceded sharp corrections. The last time XRP saw a similar setup was in late 2020, which was followed by a 60% decline over several months.
XRP is also moving sideways without a clear direction. While minor rebounds have appeared, the overall market structure leans weak. The analyst said that this price behavior mirrors conditions seen earlier this year, when XRP came under pressure before staging its next move.
XRP has immediate support between $2.85 and $2.90. If that level breaks, the price could slip toward $2.75. Stronger support is found between $2.55 and $2.62.
On the upside, resistance remains heavy at $3.10, where XRP has faced repeated rejection. A successful breakout above that could open the path toward $3.35 to $3.40.
XRP’s fate is closely tied to Bitcoin and overall market sentiment. If Bitcoin continues to weaken, XRP and other altcoins could face further downside pressure. However, if Bitcoin dominance falls, some altcoins may hold up slightly better.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Bitcoin (BTC) price experienced a flash selloff on Tuesday after hitting its all-time high (ATH)…
Binance Coin (BNB) has possibly entered its parabolic phase. The large-cap altcoin, with a fully…
Dogecoin (DOGE) remains one of crypto’s most recognisable names, but many long-term holders are beginning…
Crypto markets in 2025 are displaying renewed signs of life, with blue-chip assets like XRP…
Bitcoin continues to set new all-time highs, recently crossing $126,000 before pulling back slightly. As…
XRP is trading in a tight consolidation phase, forming what analysts call a coiling pattern.…
