Ripple is in a difficult place because it enters the difficult market environment. At the time of writing this report, the price of XRP is $ 2.23, indicating a 5.83 % decrease over the past 24 hours.
This decrease can be linked to the total market correction, but price procedures and technical indicators show something deeper in the price movement.
XRP price analysis
Ripple describes the intermittent event prices between November 2024 and the April 2025. Starting from $ 0.5040, the XRP price rose to $ 2.4660 by early January 2025 to achieve a 389 % complex gain.
Before trading at $ 2.1464, the Ripple price fell to a loss during the day by -4.18 % on March 28, 2025. Ripple tests a descending triangle with a simple resistance at $ 2.24161 and simple support at $ 1.93870.
If the price decreases below the simple support level, Ripple can go to the 1.50404 target. On the contrary, the voltage organized by the bulls will start if it exceeds $ 2.4660.
if $ Xrp It can be broken over $ 3, will nullify the current head and shoulder pattern, and may flip up buds. pic.twitter.com/b6mrtxm1ts
Ali (ali_charts) March 28, 2025
In a recent tweet by Ali On X, previously known as Twitter, XRP must exceed $ 3, and will cancel the current head and shoulder composition. This will turn the market morale into a more rough perspective.
Technical indicators indicate the future of Ripple
At 49.54, the RSI is approaching the excessive sale area, which is likely to interest the purchase if it crosses less than 40.
Since the MACD line via the signal line, the bears still press this graph for more negative aspect, which forms a ripples to $ 1.93870 in the short term. However, the narrowing graph sacrifice the possibility of reflection of the direction if the bulls enter.
This means that if the price exceeds $ 2.2215, it may help Bulls Crypto pay it to $ 2.4660. However, without great support for the ripple price, it may try to re -test the low levels about $ 1.50404.
Heat map: Contest between bulls and bears
the The thermal map for liquidation It has witnessed an extremist activity characterized by a failed short references (RED), which is recently dominating the price procedures in terms of short liquidation, especially around the range of $ 2.1464. There are a few long (green) qualifiers, indicating that the bears are still responsible.
If there is a huge price for the sudden rise to the upward trend, there may be short pressure, which sends the price to $ 2.31682. Otherwise, if the slight pressure pressure continues, the price will decrease, and the support test at $ 1.93870.
Conclusion: What awaits XRP?
The circumstances surrounding XRP are still bleak on a short -term outlook. The overall feelings, liquidation data and technical indicators provide caution. The main support level remains $ 1.93870, and if this level is lost, there may be another negative aspect.
However, if XRP can return to the top of $ 2.24161, some bullish momentum may raise. XRP remains unstable on the turning point. Monitoring a decisive breach of more than $ 2.4660 may indicate the upscale properties, while the support failure may lead to a decrease in the price to $ 1.50404.
Also read: Ethereum faces downward pressure: Will re -test $ 1542?
