HomePrice PredictionsXRPXRP Bulls Fight to Maintain Support as $2.00 Level Looms

XRP Bulls Fight to Maintain Support as $2.00 Level Looms

Date:

XRP Technical Analysis: 4 APR 2025

XRP Technical Analysis

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 Technical Analysis

XRP is struggling to reclaim the $2.20 level. Source: TradingView

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Usman Ali
Usman Ali
A writer and market analyst with expertise in cryptocurrencies. He focuses on delivering clear, insightful, and well-structured content, emphasizing advanced trading strategies and in-depth market analysis. His writing style prioritizes clarity and professionalism, ensuring that complex market trends are easy to understand. He is keen on keeping his work organized, direct, and valuable for his audience.

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