XRP continues to hover between $2.14 and $2.18, demonstrating a lack of significant progress in either direction. Since falling from above $2.70 in early June, the cryptocurrency has consistently reflected lower highs.
Current XRP Price Overview
At the moment, XRP's price is $2.1635, reflecting a decrease of 0.32% over the last 24 hours. The low trading volume indicates a lack of activity among traders, and the price struggles to break above the 9-day simple moving average.
Technical Indicators and Chart Analysis
The XRP chart confirms a clear downtrend, with the price showing consistent lower highs and lows. The support level between $2.10 and $2.12 has been tested several times and remains the short-term support. If the price continues to decline and breaks below $2.10, the next level would be $2.00.
XRP Price Prediction Scenarios
Several scenarios exist for XRP's future price movement. A strong move above $2.30 could lead to further gains up to $2.40 or $2.50. If the support at $2.10 holds, the price may remain within the $2.10-$2.30 range until new momentum emerges. Conversely, a drop below $2.10 may open the path for retesting the $2.00 level.
Currently, XRP finds itself in a waiting phase. Although the price shows no clear signs of falling or rising, traders are anticipating a clear signal for future actions.
