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Why is XRP Price Falling?
XRP followed the broader market down, dropping after Bitcoin failed to break $123K and the Fed offered no rate relief. The coin is down more than 4% in 24 hours and is clinging to $3.00, a psychologically significant level.
XRP Price Analysis: Chart Breakdown
XRP/USD 4-hours chart - TradingView
- XRP sits on top of $3 horizontal support (blue line)
- Clear lower highs forming → weakening structure
- 21 EMA and 9 EMA sloping down, maintaining sell pressure
- RSI at 40.67, not yet oversold, meaning more downside is possible
XRP Price Prediction: What to Watch Next for XRP Coin
- If $3 breaks, the next major demand zone lies near $2.80.
- To avoid that, XRP needs a bounce toward $3.17 and a daily close above it.
- Monitor Bitcoin closely – XRP typically amplifies BTC moves.
- Look for bullish divergence in RSI or volume spikes at $3 to signal a rebound.
$XRP, $Ripple