XRP price continues to be under pressure despite a slight increase to $2.13. This article examines the current technical indicators and price forecasts.
Technical Indicators Analysis
The current **Rate of Change (ROC)** stands at -12.522, indicating continued bearish momentum. The **Relative Strength Index (RSI)** is at 43.481, indicating low buyer interest. The **MACD value** is at -0.082, suggesting bearish pressure is prevailing in the short term. The **Commodity Channel Index (CCI)** reads -46.0643, indicating the price is moving below its average. The **Ultimate Oscillator** sits at 48.427, confirming low buying activity. Finally, the **Bull/Bear Power (13)** is reading -0.0633, indicating bearish strength outweighs bullish movements.
XRP Price Prediction
Based on the current indicator setup, XRP remains under clear selling pressure. If this trend continues, the price may dip back toward the $2.00 level. However, if trading volume increases and buyers step in, there might be a chance for XRP to revisit the $2.08–$2.10 range. A shift in momentum will be needed for this to happen.
Conclusion
In conclusion, the expected trading range for XRP today is between $2.00 and $2.08. The market leans bearish unless sentiment shifts.
XRP remains in a state of uncertainty in the market, where technical indicators suggest close monitoring of the situation.
