After penetration byBit, feelings in the encryption market completely turned towards a declining stage, weakening the assets. Amid this, XRP, the original symbol of the Ripple Labs laboratories, is close to the decisive support level of the rising trend line, which has been tested since the beginning of February 2025.
Looking at the current market morale and XRP expectations, it appears that the distinctive symbol has absorbed all the declining pressure and is now recovering.
Xrp technical analysis and upcoming levels
According to expert technical analysis, the price of XRP reached the support line of 2.50 dollars, a large purchase pressure was observed, which led to the formation of an upper candle pattern. Besides, the recent decline in the price of the rising triangle price in the XRP did not affect.
Based on the latest price procedures, if XRP is higher than the level of $ 2.50, there is a strong possibility that the original will increase significantly in the coming days and keep its upscale momentum. However, if the distinctive symbol fails to keep this level and close a four -hour candle less than $ 2.45, a significant decrease in prices may occur, which may push XRP to a level of $ 1.90.
Despite the continuous recovery of the prices, the original remains less than the Si -moving average (EMA), indicating that it is still in the direction of a decline.
Current price momentum
With these main levels of focus, XRP is currently trading near $ 2.58, as more than 3.75 % has decreased in the past 24 hours. However, despite the decrease, investors and traders have shown strong interest in the distinctive symbol, which led to an increase of 44 % in participation.
21.50 million dollars at the value of XRP to flow
Data from the analysis company on the series Coinglass It revealed that this rise in participation is driven by a large accumulation of investors for XRP symbols. Instant flow/flow data showed that with low price, stock exchanges witnessed a large flow of $ 21.50 million of XRP codes, indicating a possible accumulation.
By combining this potential accumulation with price movement, the current level appears to be an ideal purchase opportunity, with $ 2.50 or $ 2.45 that works as a possible exit level if the morale turns towards the declining side.
