- XRP holds above $2.65 support while facing resistance at $2.77 and $3.00, defining near-term direction.
- Moving averages between $2.93–$3.00 reflect tight trading ranges, highlighting a battle between buyers and sellers.
- MACD shows muted signals, suggesting sideways trading unless XRP breaks decisively above $3.00 resistance.
XRP entered the week under pressure as it struggled to maintain momentum above short-term resistance. The token traded at $2.82, marking a 5.04 percent decline. The rejection near $2.97 reinforced the significance of the $3.00 barrier.
The 50 EMA approached the $2.77 zone, which now acts as a pivotal checkpoint for the ongoing trend. If price falls below this marker, XRP could face additional downside risk. Such a scenario highlights the importance of technical markers in maintaining confidence.
At the same time, $2.65 remained the most critical support zone for preserving long-term bullish momentum. Holding above this level could prepare conditions for a breakout. Failure to maintain support would increase the probability of extended consolidation or correction.
Moving Averages and Consolidation Patterns
Short-term moving averages, including the 5-day and 10-day lines, hovered near $3.00, creating immediate resistance. Meanwhile, the 20-day and 50-day averages aligned near $2.93 and $2.96, tightening the range. This clustering reflected XRP’s ongoing battle between upward momentum and selling pressure.
Source: chart.ainvest
The EMA clusters highlighted resilience as XRP maintained its position within these technical levels. The token has consolidated in narrow ranges, reinforcing the view that it remains undecided. Temporary pullbacks have not yet disrupted the broader structure.
The before-and-after charts also emphasized consolidation as XRP tested repeated support and resistance points. Such patterns showed stability, but they also limited short-term upside. The broader structure still suggested clarity in higher time frames.
Technical Indicators and Market Outlook
The MACD indicator provided muted signals as the lines crossed with minimal separation. The histogram displayed weak movement, confirming limited bullish momentum. This indicated the likelihood of sideways trading in the immediate sessions.
XRP’s immediate support remained around $2.70, protecting against sharper declines toward $2.50. Sustaining this level could strengthen market structure, while a breakdown would weaken sentiment. A decisive move above $3.00 could instead open a path to $3.30–$3.50.
In summary, XRP continued to trade at a crossroads defined by $2.77 resistance and $2.65 support. The token’s structure emphasized consolidation and resilience. The outlook remained tied to whether XRP reclaims strength above critical moving averages or extends its correction phase.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
