XRP continues to face challenges following a recent drop. Sellers maintain control over the price, raising interest in future developments.
Current XRP Price Levels
The current price of the XRP token is about $2.83, which is down 4.44% from the last 24 hours. After a significant drop from over $3.60 in July, the price reached $2.77, followed by a small bounce. However, the overall trend remains negative.
Technical Analysis and Indicators
Current technical analysis shows that XRP is still trading below key moving averages. Key indicators, such as RSI and MACD, confirm weak bearish momentum, while the ADX level indicates a strong downtrend. Support is currently influenced by the range of $2.80–$2.75.
XRP Price Prediction Scenarios
There are three main scenarios for the future price of XRP. In a bullish scenario, the price might rise above $3.00 if buying volumes increase. In a neutral scenario, fluctuations between $2.80 and $3.00 are possible. In a bearish scenario, if the $2.77 level breaks, the price could fall to $2.60 or lower.
XRP remains in a downtrend. Sellers continue to control the situation, and significant changes in the trend require a substantial increase in buyer interest.
