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XRP Price Prediction: Buyers Hold Key Support But Derivatives Signal Weak Momentum


by Parshwa Turakhiya
for CoinEdition
XRP Price Prediction: Buyers Hold Key Support But Derivatives Signal Weak Momentum

Share:

  • XRP price today holds $2.41 after bouncing from $2.09, but resistance at $2.56 caps momentum.
  • Derivatives data shows open interest slipping 1.4% and volumes down 24%, signaling reduced speculation.
  • A breakout above $2.56 could target $3.04, while failure to hold $2.09 risks $1.80.

XRP price today trades near $2.41, recovering modestly after dipping to $2.09 earlier in the week. The token remains capped under a descending triangle resistance, with volatility tightening as derivatives data shows fading speculative appetite.

Price Action Holds Ascending Support

XRP Price Dynamics (Source: TradingView)

The daily chart highlights a narrowing structure with XRP price consolidating between $2.09 support and $2.56 resistance. The long-term ascending trendline continues to act as a base, while repeated rejections from the descending triangle ceiling keep upside moment…

Read The Full Article XRP Price Prediction: Buyers Hold Key Support But Derivatives Signal Weak Momentum On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.249

-0.31%

$ 2.25

-1.52%

$ 0.00...361

$ 0.0000824

$ 0.000207


Share:

In This News

Coins

$ 0.249

-0.31%

$ 2.25

-1.52%

$ 0.00...361

$ 0.0000824

$ 0.000207


Share:

Read More

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XRP Price Prediction: Buyers Hold Key Support But Derivatives Signal Weak Momentum


by Parshwa Turakhiya
for CoinEdition
XRP Price Prediction: Buyers Hold Key Support But Derivatives Signal Weak Momentum

Share:

  • XRP price today holds $2.41 after bouncing from $2.09, but resistance at $2.56 caps momentum.
  • Derivatives data shows open interest slipping 1.4% and volumes down 24%, signaling reduced speculation.
  • A breakout above $2.56 could target $3.04, while failure to hold $2.09 risks $1.80.

XRP price today trades near $2.41, recovering modestly after dipping to $2.09 earlier in the week. The token remains capped under a descending triangle resistance, with volatility tightening as derivatives data shows fading speculative appetite.

Price Action Holds Ascending Support

XRP Price Dynamics (Source: TradingView)

The daily chart highlights a narrowing structure with XRP price consolidating between $2.09 support and $2.56 resistance. The long-term ascending trendline continues to act as a base, while repeated rejections from the descending triangle ceiling keep upside moment…

Read The Full Article XRP Price Prediction: Buyers Hold Key Support But Derivatives Signal Weak Momentum On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.249

-0.31%

$ 2.25

-1.52%

$ 0.00...361

$ 0.0000824

$ 0.000207


Share:

In This News

Coins

$ 0.249

-0.31%

$ 2.25

-1.52%

$ 0.00...361

$ 0.0000824

$ 0.000207


Share:

Read More

Monero Price Prediction: Bulls Drive Recovery As XMR Eyes Multi Month Range Reversal

Monero Price Prediction: Bulls Drive Recovery As XMR Eyes Multi Month Range Reversal

Monero price today trades near $420, extending a strong recovery after buyers forced ...
Dash Price Prediction: Bulls Battle Sellers After Dash’s Failed $100 Breakout

Dash Price Prediction: Bulls Battle Sellers After Dash’s Failed $100 Breakout

Dash price today trades near $82.70, easing from yesterday’s sharp spike that briefly...