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  • Anjali Belgaumkar
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    Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

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  • 2 minutes read

XRP Price Prediction For March 1

  • currency-symbol XRP $ 2.12 (-3.14%) top looser
Story Highlights
  • XRP struggles below key resistance at $2.25-$2.30, facing bearish pressure despite short-term relief signals.

  • Key support at $1.95-$2.00 holds, but a breakdown could push XRP toward $1.77, reinforcing the ongoing downtrend.

As of now, XRP is continuing to trade below its key support-turned-resistance zone, which ranges between $2.25 and $2.30. This area has proven to be a crucial level for the coin’s price, and any attempts to rally higher are likely to face resistance here. If XRP does experience a short-term bounce, traders should watch for resistance within this range.

Current Support Levels

XRP has found some support around the $1.95 to $2 range. This is an important zone that has been acting as a price floor for XRP in recent weeks. In fact, the price recently bounced from exactly $1.95, which has been a recurring support level. 

Short-Term Outlook

On the smaller timeframes, XRP has triggered an oversold signal, indicating potential short-term relief. Historically, when XRP’s RSI has been oversold, it has resulted in some bullish relief over the next 1-3 days. However, this does not guarantee a long-term reversal.

Bearish Divergence and Larger Trend

Despite some short-term bounces, the broader market structure for XRP remains bearish. There is still a larger bearish divergence visible on the chart, and no signals have emerged to invalidate this trend yet. This suggests that XRP is still in a downtrend, characterized by lower highs and lower lows.

Critical Support Levels

On the flip side, the $1.95-$2.00 range continues to act as a key support area for XRP. If the price were to break below this level, it would invalidate the current bullish short-term setup. The next key support to watch would be $1.77, which is an important level.

Medium-Term Scenario

If XRP holds above the $1.95-$2.00 range, there is still a potential for the price to climb in the medium term. However, the outlook remains cautious as the larger trend is still down. A significant breakout would require a move above $2.36, and ultimately $2.83, to signal a true reversal.

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FAQs

Why is XRP Up Today?

XRP may be rising due to oversold conditions, technical bounces, or positive market sentiment, but a sustained breakout depends on key resistance levels.

Is XRP in a Bullish or Bearish Trend?

XRP remains in a broader bearish trend with lower highs and lows, despite short-term relief signals from oversold conditions.

How Much Will XRP Be Worth by the End of 2025?

XRP might reach a high of $3.99 with an average of $3.07.

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