XRP Technical Analysis: 4 APR 2025
Trendline and EMA resistance pushing price lower. Source: TradingView
General View
XRP has struggled to reclaim key resistance levels, maintaining its downward trajectory. The price recently tested intra-day supports, where buyers managed to absorb selling pressure. However, upside attempts remain limited as the descending trendline and 50 EMA continue to cap any recovery efforts. Bulls need to sustain the current support to prevent deeper downside risks.
On The Upside
XRP needs to gather some momentum and climb back above $2.10 to $2.12 resistance zone, which aligns with the descending trendline and 50 EMA. Unless that happens, any upside push will only be an opportunity for selling. However, if the bulls manage to reclaim this level, the price could retest the intra-day resistance levels at $2.18–$2.25.
On The Downside
The immediate support lies at $1.99–$2.00, with additional intra-day support at the $1.95 region. However, losing the $2.00 support level could have a psychological impact on the bulls, potentially making them vulnerable to a drop toward $1.90, which aligns with the 50% Fibonacci retracement, and possibly even lower toward the 61.8% Fibonacci retracement.
XRP is struggling to reclaim the $2.20 level. Source: TradingView
