At a Glance
- XRP rejected at $2.40 resistance, now trading near $2.00 support
- Daily RSI rolling over from overbought, sits just above 50
- Against BTC, token back below 200-day MA at 2,400 sats
- Why it matters: Price action signals continued weakness unless key levels reclaimed
XRP is losing momentum after a failed breakout attempt, with both USD and BTC pairs showing signs of weakness despite broader crypto resilience amid rising geopolitical tensions in the Middle East and Asia.
USDT Pair Breakdown
The token surged into the $2.40 resistance zone this week, stopping just below the 200-day moving average. The level held, sending price back below the 100-day moving average around $2.20. XRP now trades near $2.00, a mid-range support that has provided a short-term cushion during the pullback.
Technical indicators confirm the loss of upside pressure:
- RSI rolled over from overbought territory
- Momentum indicator now sits just above 50
- Daily close below $2.00 exposes the $1.80 low
For bulls to regain control, XRP needs to:
- Reclaim the 100-day moving average
- Close back above the $2.40 supply zone
- Target the 200-day moving average and $3 level
Until these steps occur, the path of least resistance remains lower.
BTC Pair Struggles
XRP’s underperformance becomes clearer on the XRPBTC daily chart. The pair briefly climbed above both the 100-day and 200-day moving averages, rallying from 2,100 sats to just under 2,600 sats. The breakout failed, and price now trades around 2,250 sats, back below the 200-day MA near 2,400 sats.
The 100-day MA at 2,250 sats is providing short-term support. A break below this zone would likely send price toward the 2,000 sats demand area. Conversely, a bounce and reclaim of 2,400 sats could restart a move toward the 2,700-2,800 sats range.
Key Levels to Watch
USDT Pair:
- Support: $2.00, $1.80
- Resistance: $2.20 (100-day MA), $2.40, $3.00
BTC Pair:
- Support: 2,250 sats (100-day MA), 2,000 sats
- Resistance: 2,400 sats (200-day MA), 2,700-2,800 sats
Market Context
While Bitcoin and major cryptocurrencies have held up better than expected given Middle-East and Asia tensions, XRP is lagging. The failed breakout and subsequent rejection show buyers lack conviction above $2.40. Until momentum returns, sellers remain in control.
Key Takeaways
- XRP faces continued weakness after rejection at $2.40
- Both USD and BTC pairs show loss of technical support
- $2.00 and 2,250 sats are the immediate support levels to defend
- Reclaiming $2.40 and 2,400 sats would signal a potential trend reversal
