In recent weeks, XRP has continued to stay above key support levels, although seller pressure persists and there is no clear bullish momentum.
XRP/USDT Pair
On the XRP/USDT pair, the asset remains above the $2 support zone after a series of lower highs following the rejection from the $3.00 resistance area. A higher high has yet to be established, and selling pressure continues with each rally attempt.
The 200-day moving average is on the rise and is positioned below the price at approximately the $1.80 mark, serving as a dynamic support level for now. The RSI hovers around the 40-45 zone, indicating weakening momentum without being fully oversold. If buyers fail to maintain the $2 level, the price may rapidly approach the next demand zone around $1.50. Conversely, for sentiment to shift, XRP needs to reclaim $2.5 and firmly close above it.
XRP/BTC Pair
The XRP/BTC pair has been consolidating after a strong rally last November, currently trading around 2,500 SAT. The pair faces resistance near 3,000 SAT, which has led to the recent pullback.
The 200-day moving average, approximately at 2,000 SAT, remains intact, suggesting that, similar to the USDT pair, the broader uptrend persists. However, the RSI trend is lower, indicating potential weakening momentum. As long as XRP holds above 2,000 SAT, a bullish continuation above the 3,000 SAT area could be expected.
Conclusion and Outlook
XRP continues to hold above key levels on both USD and BTC pairs, yet seller pressure remains. For a shift in sentiment, breaking above critical resistance levels is essential. Attention should be given to the dynamic behavior of moving averages and RSI to forecast asset behavior.
XRP's continued consolidation requires focus on key levels. Breaking above resistances could change the current bearish trend.
