Ripple Technical Analysis: 22 MAR 2025
Intra-Day support levels for the day. Source: TradingView
General View
XRP remains in a pivotal position as the price hovers around a key intra-day support level. The asset recently saw a strong push but is now struggling under a descending trendline, suggesting that sellers are still active. Despite this, the price structure remains bullish as long as intra-day support holds. However, a slow drift downward could threaten the newly built momentum, making it crucial for bulls to defend against further weakness. A decisive move above the descending trendline would signal a potential breakout toward higher resistance zones..
On the Upside
A stronghold needs to be established above the $2.41 level. Unless that happens the momentum could remain indecisive. Stronghold followed by a breakout above the descending trendline at $2.44 would open the door for a retest of the $2.57 region, where previous sell-offs occurred.
On the Downside
Solana is struggling around the mid-range levels. If this level isn’t regained, the price could slide lower into the $2.30–$2.20 range. This is a strong support zone that has been holding for several weeks and is expected to remain intact unless significant sell-off pressure emerges.
Price indecisive around the mid-range for a few days now. Source: TradingView
