XRP Technical Analysis: 30 MAR 2025
Multiple XRP supports are converging around $2.10 to $2.00 levels. Source: TradingView
General View
XRP has been consolidating for over 100 days, forming a large sideway range. Price is now testing a key support region around $2.00–$2.10, making this a decisive moment for bulls. Additionally, the structure of the triangle is weakening, indicating that selling pressure is starting to rise. If this horizontal range is lost, 50% and 61.8% Fibonacci retracement levels could come into play.
On The Upside
XRP has shown a strong reaction from key support levels, surging over 7% within a few hours. This indicates that bulls are actively defending these crucial zones. If the momentum holds, XRP could target the next resistance levels at $2.25 and $2.32 as part of a corrective upside move.
On The Downside
The support region between $2.10 and $2.05 has held firm, triggering a strong recovery. This zone remains critical for XRP to prevent a deeper sell-off. While bulls are actively defending this range, sellers continue to apply pressure. If the $2.05 level is breached, XRP is likely to target the 50% Fibonacci retracement support at $1.90.
Price fibonacci levels for XRP. Source: TradingView
