Peter Smith
XRP is trading at $2.942 after sliding 2.96% in the past 24 hours, with weak momentum leaving traders watching key support levels for the next move.
XRP Price Stuck Between Key Levels
XRP sits at $2.942 – down nearly 3% today – dancing on the edge of its 7-day moving average. The 30-day MA at $2.969 is acting like a ceiling, with the 200-day MA at $3.010 adding more resistance above.
Support is holding at $2.906 for now, but if that breaks, we're looking at a drop to the $2.90-$2.89 range.
Technical Indicators Show Weak Momentum
The RSI at 44.66 shows mild selling pressure without panic mode. The MACD is trying to turn positive, but momentum feels weak. Trading volume is also flat, showing limited buying interest.
What's Next for XRP Price?
XRP isn't falling apart, but it's not looking strong either. Bulls need to break $2.97 resistance to see any upside. If support at $2.90 fails, things could get ugly fast.
Bottom line: XRP is in limbo. Traders should wait for a clearer signal before making moves.
Peter Smith
