Ripple Price Prediction: XRP Price Remains Pressured Below 200-Day EMA $0.85

XRP price trades lower with the previous sideways movement. Investors remain cautious of making aggressive bids as the asset trades near the inflection point.
Published by
Ripple Price Prediction: XRP Price Remains Pressured Below 200-Day EMA $0.85

XRP price trades lower with the previous sideways movement. Investors remain cautious of making aggressive bids as the asset trades near the inflection point.

  • XRP price continues to trade with a negative bias.
  • Expect more downside below the 200-day EMA at $0.85.
  • A downside breakout of the ‘Symmetrical triangle’ will dictate the next trend.
Advertisement

XRP looks for a bearish reversal

On the daily chart, the XRP price slips below the crucial 200-EMA (Exponential Moving Average) at $0.84. Now, it holds around the reliable support placed at $0.80. Looking at the previous trend, the XRP price glides inside the ‘Symmetrical triangle’ formation after testing the lows of $0.62 in late February.

Now, if the price breaks the mentioned support level, then it will dive toward the horizontal $0.70 level. Further, intense selling pressure could pull toward the lows of February at $0.62.

On the contrary, a daily close above the 200-EMA amid a shift in the bullish sentiment would invalidate the bearish outlook of the pair. The first upside target could be found at the psychological $0.90 mark.

Next, market participants would approach the highs of December 23 at $1.01.

XRP price tested the record lows in late January at $0.54. The price surged nearly 68% to the swing highs of $0.91. Since then, XRP is gliding inside the ‘Symmetrical triangle’ formation. The next move will depend upon the breakout in either direction.

As of press time, XRP/USD is trading at $0.81, down 0.07$ for the day. The seventh-largest cryptocurrency by market cap is holding a 24-hour trading volume of $2,966,986,477.

Technical indicators:

RSI: The daily Relative Strength Index fell below the average line. However, it reads at 50 with a neutral bias.

MACD: The Moving Average Convergence Divergence although holds above the midline. The indicator signifies the receding bullish momentum.

Advertisement

Share
Rekha chauhan

Rekha has started as Forex market analyst. Analyzing fundamental news and its impact on the market movement. Later on, develop an interest in the fascinating world of cryptocurrency. Tracking the market using technical aspects.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • Price Analysis

Dogecoin Price Prediction as $23M Leaves Exchanges—Is the Parabolic Phase Beginning?

Dogecoin price has entered a critical phase as on-chain data and analyst projections align toward…

October 9, 2025
  • Price Analysis

Pi Network Price Collapses as Analyst Proposes Turnaround Tweaks

Pi Network price continues to crash this month and is now trading at a record…

October 9, 2025
  • Price Analysis

Solana (SOL) Price Prediction: Analyst Eyes $1,300 as SOL DAT Company Plans 5% Supply Acquisition

Solana price continues to attract renewed market interest as analysts and institutions align on a…

October 9, 2025
  • Price Analysis

Bitcoin Price Prediction as US Govt. Shutdown Extends- What’s Next for BTC?

Bitcoin price continues to trade within a defined consolidation range as the broader crypto market…

October 8, 2025
  • Price Analysis

Solana Price Megaphone Points to a Parabolic Move as SOL Treasuries Near $3B

Solana price pulled back today, Oct. 8, mirroring the performance of the broader crypto market,…

October 8, 2025
  • Price Analysis

XRP Price Prediction Amid ETF Approval Roadblock as Analyst Warns of $2.72 Dip

The XRP price continues to draw attention as market analyst, Ali Charts, warns of a…

October 8, 2025