XRP Price Prediction: Can Bulls Reclaim $1.46?
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XRP remains in a bearish trend, with lower highs confirming ongoing weakness. Derivatives open interest has decreased, indicating reduced short-term risk. Despite exchange outflows, market sentiment remains cautious, with critical support levels being watched.
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- XRP faces persistent downside as lower highs confirm ongoing bearish momentum.
- Derivatives open interest cools sharply, signaling reduced short-term systemic risk.
- Exchange outflows persist, highlighting continued distribution despite lighter recent pressure.
XRP remains under pressure as price action, derivatives data, and exchange flows point to cautious market sentiment. On the 4-hour chart, XRP/USD trades within a broader bearish structure, and buyers have yet to regain control.
Momentum indicators show limited strength, while key resistance levels continue to cap recovery attempts. As a result, traders now watch critical support zones to assess whether another leg lower may unfold in the near term.
Price Structure Signals Ongoing Weakness
XRP continues to print lower highs after rejecting near the 0.382 Fibonacci level at $1.618. Consequently, the broad…
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