XRP Price Watch: Bears Dominate as $3.25 Resistance Holds Firm
Main Idea
XRP's price is currently consolidating with bearish dominance, facing resistance at $3.25 and showing signs of weak buyer follow-through.
Key Points
1. XRP is trading at $3.06 with a market cap of $181.57B and a 24-hour trading volume of $11.35B, reflecting high volatility.
2. The 1-hour chart shows consolidation after a sharp drop from $3.34 to $2.97, with weak buyer momentum around $3.07–$3.10.
3. The 4-hour chart confirms a bearish trend with lower highs and lower lows, and resistance between $3.15–$3.30.
4. Technical indicators like RSI (49.42) and MACD (0.06964) suggest mixed but cautious market sentiment with prevailing selling pressure.
5. Long-term moving averages (EMA200 at $2.42118, SMA200 at $2.45647) indicate strong foundational support below current price levels.
Description
XRP is trading at $3.06 with a market capitalization of $181.57 billion and a 24-hour trading volume of $11.35 billion. The digital asset moved within a 24-hour intraday price range of $3.06 to $3.34, reflecting high volatility amid ongoing bearish pressure. XRP On the 1-hour chart, XRP shows signs of near-term consolidation following a sharp
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