HomePrice PredictionsXRP AnalysisXRP in a Tight Spot: Can Bulls Overcome the Resistance?

XRP in a Tight Spot: Can Bulls Overcome the Resistance?

Date:

Ripple Technical Analysis: 22 MAR 2025

XRP Technical Analysis

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.

XRP Technical Analysis

Price indecisive around the mid-range for a few days now. Source: TradingView

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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