Will XRP drop below 2 USD again?

XRP fell 5% over the past week, struggling to regain momentum as technical indicators provide mixed signals. Its Relative Strength Index (RSI) has dropped below 50, and the price remains stuck in a narrow range between key support and resistance levels.

At the same time, the Ichimoku Cloud has shifted from green to red, with a thicker cloud ahead indicating increasing bearish pressure. With volatility tightening and momentum fading, XRP is approaching a critical point where a breakout or breakdown seems increasingly likely.

XRP struggles to regain momentum as RSI falls below 50

The Relative Strength Index (RSI) of XRP is currently at 44.54, after recovering from a daily low of 40.67. Just yesterday, it was at 51.30, highlighting increased short-term volatility.

RSI is a momentum indicator that measures the speed and change of recent price movements to assess overbought or oversold conditions.

A reading above 70 typically indicates that the asset is overbought, while a reading below 30 suggests it may be oversold.

With the RSI of XRP at a support level of 44.54, it is currently in a neutral zone, indicating no strong buying or selling pressure.

However, the fact is that it has not surpassed the overbought threshold of 70 since March 19—more than a month ago—indicating a lack of sustainable bullish momentum. This could mean that XRP is still in an accumulation phase, with the market waiting for a clearer direction.

If the RSI continues to rise above the support level of 50 and higher, it may suggest that momentum is forming, but without a breakout above 70, the potential for price increase may still be limited.

XRP faces uncertainty as the bearish trend begins to extend

XRP is currently trading within the Ichimoku Cloud, indicating market hesitation and a neutral trend.

The Tenkan-sen line (, the green line ), has crossed below the Kijun-sen line (, the red line ), which is a bearish signal, but with the price still within the cloud, it lacks full confirmation.

The cloud itself acts as a support and resistance zone, and XRP is currently moving sideways within that zone.

Looking ahead, the cloud has shifted from green to red—a sign that bearish momentum may be forming. More concerning is that the red cloud is expanding, indicating that selling pressure is increasing in the near future.

A thick red cloud often indicates stronger resistance above and the potential for a continued downtrend if the price breaks below the cloud.

Until XRP breaks clearly in one of two directions, the market remains in a waiting phase, but the red cloud is increasing, leaning towards caution.

XRP Compression Zone: A breakout could push the price to 2.50 USD — Or much lower

The price of XRP is currently trading in a narrow range, stuck between a key support level at 2.05 USD and resistance at 2.09 USD. This narrow channel reflects short-term uncertainty, but a decisive move in either direction could shape the next trend.

If the support level of 2.05 USD fails, the next level to pay attention to is 1.96 USD. A break below that level could trigger a sharp fall towards 1.61 USD, which would mark the first close below 1.70 USD since November 2024—a bearish signal that could accelerate selling pressure.

Recently, veteran analyst Peter Brandt warned that a major correction may be imminent for XRP.

On the contrary, if the bulls regain control and push XRP above the resistance level of 2.09 USD, the next target would be 2.17 USD. A breakout above that level could open up the opportunity for a move towards 2.50 USD, a price not seen since March 19.

For that to happen, XRP needs a clear recovery in momentum and buying volume.

Until then, the price remains trapped in a narrow range, with both potential increases and decreases possible.

All information available on our website is published in good faith and is intended for general informational purposes only. Any actions that readers take based on the information found on our website should be evaluated and they bear full risk from their own decisions.