Ripple Price Analysis: Is XRP in Danger of Falling to $2.5 This Week?

XRP has been consolidating in a relatively narrow range against both USDT and ￰0￱ some bearish pressure recently, key support levels continue to hold for now. Yet, the time for the price to make up its mind is ￰1￱ Price Analysis: Technicals By Shayan The USDT Pair XRP is still trapped within a falling wedge pattern after its failure to break above the $3.60 resistance zone earlier this ￰2￱ action has been squeezing lower highs into a flat support base just above the $2.60 ￰3￱ price recently tested this support cluster that aligns with the 100-day and 200-day moving averages, and bounced back toward the wedge’s upper ￰4￱ this reaction is promising in the short term, XRP still remains inside the wedge.

A decisive daily close above $3.00 would be the first sign of strength, but bulls still need to clear the $3.20 level, which aligns with the recent high to open up a larger move to the ￰5￱ BTC Pair Against Bitcoin, XRP continues to trade above the 200-day moving average and is holding the 2,500 SAT support ￰6￱ bullish crossover between the 100 and 200 MAs remains intact, which is a positive mid-term ￰7￱ some wicks below the key zone, XRP is now hovering above both moving ￰8￱ price is compressing between the 2,500 SAT support and the 2,700 SAT resistance levels. A breakout above this range would likely push XRP back toward the 3,000 SAT area, while a breakdown risks a drop toward the 2,000 SAT level, which is the base of the recent bullish ￰9￱ RSI also remains neutral at 47, suggesting there is room to move in either ￰10￱ of now, the pair looks stable but lacks strong momentum.

A breakout from this consolidation will define the next move.