- Price Analysis: XRP Maintains a Key Support Level:

XRP trades above $1.10, maintaining a short-term bearish trend as the price remains well below the 50-day, 100-day, and 200-day exponential moving averages (EMAs) at $1.25, $1.35, and $1.56 respectively.

The pair also trades below the daily Bollinger Bands middle line at $1.15, while the Relative Strength Index (RSI) at 37 indicates weak bearish momentum. Meanwhile, the slightly positive Moving Average Convergence Divergence (MACD) chart around zero suggests only temporary stability, not a sustainable rebound.

Daily XRP/USDT Chart
Initial resistance is at the middle Bollinger Band line near $1.15, followed by the upper band at $1.22. Above that, the 50-day EMA at $1.25 and the downward-sloping resistance trendline, which intersects with the trendline around $1.28, form a more significant supply zone, preceding the 100-day EMA at $1.35 and the 200-day EMA at $1.56. On the downside, the lower Bollinger Band at $1.07 provides notable initial support, and a clear break below this level would expose the pair to further downside pressure toward the last support level at $1.05 and the psychological demand zone at $1.00.
$XRP