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๏ปฟAnjali Belgaumkar
๏ปฟAnjali Belgaumkar
Author
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 โEnthusiastโ but trust me I'm getting there.
- Mar 01, 2025 05:01 UTC
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XRP Price Prediction For March 1
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XRP $ 2.21 (6.09%) 
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,ย XRP has triggered an oversold signal, indicating potential short-term relief. Historically, when XRPโs 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
XRP may be rising due to oversold conditions, technical bounces, or positive market sentiment, but a sustained breakout depends on key resistance levels.
XRP remains in a broader bearish trend with lower highs and lows, despite short-term relief signals from oversold conditions.
XRP might reach a high of $3.99 with an average of $3.07.
Yes 
No 
