XRP is currently showing signs of weakness after its recent rally, and technical signals show that the token could be preparing for a deeper pullback. While the price remains above important support levels, chart patterns and broader market conditions are flashing early warning signs.
On the weekly timeframe, a bearish divergence is forming. While XRP’s price has made higher highs, the Relative Strength Index (RSI) is printing lower highs. This kind of divergence is often a hint that momentum is slowing down. Although this signal hasn’t been confirmed yet, if it does in the coming weeks or months, XRP may face a stronger correction.
According to analyst Josh of Crypto World, support lies around the $3.00 mark, while the next major resistance is between $4.60 and $4.70. These zones are based on Fibonacci levels, which are commonly used to predict where prices could reverse.
On the daily chart, XRP is struggling to hold the $3.30–$3.40 range, which recently acted as strong support. If the price closes below $3.30 and fails to recover, this could confirm a bearish shift in short-term trend. In that case, XRP may head toward $3.00 or even $2.95.
The 38.2% Fibonacci retracement level around $2.95 is a critical support area during market corrections. If this level holds, XRP could bounce. But if the price drops below $2.75 and then $2.65, a retest of April’s lows becomes possible.
XRP is not alone. Ethereum is facing resistance and showing short-term bearish divergence, while Bitcoin struggles to break higher. Bitcoin dominance has also ticked upward, often a bearish signal for altcoins. This overall market pressure is affecting XRP’s outlook in the near term.
For now, XRP needs to hold above $2.75 to keep hopes of a continued rally alive. If it manages to reclaim $3.36, the correction might be over.
XRP could reach up to $5.81 in 2025, supported by institutional demand and Ripple’s growing global adoption.
By 2030, XRP is forecasted to trade between $17.00 and $26.50, depending on market trends and adoption rates.
XRP could trade between $97.50 and $179.00 in 2040 if utility grows and crypto becomes widely accepted globally.
The Smarter Web Company PLC, a publicly listed firm in the UK, has just added…
ETF analyst James Seyffart from Bloomberg recently explored an interesting hypothetical scenario. What if spot…
Shiba Inu’s 2021 surge still echoes through crypto forums, and analysts now say one of…
Pi Coin has had a rough run lately. Prices are low, and users are worried…
Dogecoin (DOGE) has recently captured headlines with an impressive 17% surge, reigniting excitement among traders…
The Cardano price today is trading at $0.8118 after a recent correction of over 12%…