XRP

Price Overview
XRP traded at $2.37 on March 22, 2025, with a market cap of $137 billion and a 24-hour trade volume of $1.73 billion. The price fluctuated between $2.35 and $2.42, showcasing a narrow trading band amid technical indecision across multiple timeframes.

Technical Analysis

1-Hour Chart

XRP hovered within a tight range, facing support around $2.356 and resistance near $2.435. The price action suggested a descending triangle pattern—traditionally bearish—marked by lower highs and steady lows. However, low volume hinted at a lack of decisive momentum from either bulls or bears. A break below $2.356 could signal short-term downside, while failing to breach this level might prompt a quick bullish reversal targeting $2.43 or higher. Scalpers are on alert for a breakout or breakdown to capitalize on price swings.

4-Hour Chart

The mid-term analysis reveals a corrective phase, with XRP retracing from a recent high of $2.59. Support at $2.22 has proven resilient, but a descending channel has emerged, indicating short-term bearish momentum. Price consolidation within this downtrend resembles a potential bull flag if $2.35 support holds. A breakout above the descending trendline near $2.45 could revive bullish sentiment with an initial target of $2.60; however, losing $2.35 may lead to a revisit of the $2.22 region.

Daily Chart

The broader view shows XRP stabilizing post-failed breakout near $3.00. Current consolidation between $2.30 and $2.50 appears to be forming a base. Key support sits around $1.90 with resistance at $2.999. Daily candlestick patterns indicate market indecision with tight ranges and declining volume. A bullish continuation requires a reclaim of $2.60 with renewed volume; otherwise, a drift towards $2.30–$2.20 support may occur.

Oscillators

Oscillators show a largely neutral market stance. The RSI at 49.3 indicates balanced buying and selling pressures, while the Stochastic at 70.5 and CCI at 19.75 echo neutrality. The ADX at 14.8 shows weak trend strength. The awesome oscillator provides a mild bullish signal at 0.00282, with momentum slipping into bearish territory at 0.12887. Intriguingly, the MACD displays an optimistic signal at -0.01962, confirming broader indecision.

Moving Averages

MAs present mixed signals. The 10-period EMA and SMA indicate buy signals around $2.36–$2.37, while the 20- and 30-period EMAs suggest sell signals, showing overhead resistance. The longer-term 100- and 200-period MAs favor bulls, especially with the 200-period below current prices offering support. The contrasting signals from mid-range averages reflect XRP’s struggle to maintain upward momentum.

Verdicts

Bull Verdict

If buyers defend the $2.35 support and reclaim $2.45–$2.50 with rising volume, XRP could break free from its descending structures, targeting $2.60 and potentially revisiting the $3.00 resistance zone. Support from long-term MAs and buy signals from short-term MAs bolster the case for upside if momentum returns.

Bear Verdict

Failure to hold $2.35, especially with increased volume on a breakdown, may lead to retracement towards $2.22 or lower. The descending triangle on the 1-hour chart, ongoing pullback on the 4-hour chart, and bearish signals from oscillators and mid-range MAs reinforce the risk of downward pressure.