XRP Price Prediction: Downtrend Stays Dominant as $39M Outflows Hit
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- XRP trades near $2.20 as buyers defend the $1.88 support that has anchored the market since May.
- $39M in fresh outflows keeps the broader trend bearish despite the intraday rebound.
- Descending trendline and EMA cluster block upside, leaving $2.38 as the key breakout level.
XRP price today trades near $2.20 after rebounding from the $1.88 demand zone, a level that has acted as the market’s primary support floor since May. The recovery lifts short term momentum, but the broader structure remains under pressure as the descending trendline continues to cap every rally.
Price sits below the 20 day EMA at $2.20, the 50 day EMA at $2.38, the 100 day EMA at $2.52 and the 200 day EMA at $2.52. This alignment keeps the trend pointed lower even though buyers forced an aggressive intraday reversal from the mid $1.80 region on Monday.
Spot Outflows Rise As Buyers Stay Defe…
Read The Full Article XRP Price Prediction: Downtrend Stays Dominant as $39M Outflows Hit On Coin Edition.
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XRP Price Prediction: Downtrend Stays Dominant as $39M Outflows Hit
Share:
- XRP trades near $2.20 as buyers defend the $1.88 support that has anchored the market since May.
- $39M in fresh outflows keeps the broader trend bearish despite the intraday rebound.
- Descending trendline and EMA cluster block upside, leaving $2.38 as the key breakout level.
XRP price today trades near $2.20 after rebounding from the $1.88 demand zone, a level that has acted as the market’s primary support floor since May. The recovery lifts short term momentum, but the broader structure remains under pressure as the descending trendline continues to cap every rally.
Price sits below the 20 day EMA at $2.20, the 50 day EMA at $2.38, the 100 day EMA at $2.52 and the 200 day EMA at $2.52. This alignment keeps the trend pointed lower even though buyers forced an aggressive intraday reversal from the mid $1.80 region on Monday.
Spot Outflows Rise As Buyers Stay Defe…
Read The Full Article XRP Price Prediction: Downtrend Stays Dominant as $39M Outflows Hit On Coin Edition.
Read More
Dogecoin Price Prediction: DOGE Price Weakness Aligns With Softer Futures Activity