Ripple (XRP) Price Prediction: XRP Remains Pressured Below $0.80 Near 50 EMA

Published by
Ripple (XRP) Price Prediction: XRP Remains Pressured Below $0.80 Near 50 EMA

Ripple’s (XRP) price could not sustain the previous session’s gains on Saturday. XRP bounce back strongly on Friday after the Russia-led war on Ukraine send shockwaves across global markets on Thursday. But the price finds it difficult to move beyond the 50-day EMA (Exponential Moving Average) as it hovers near the crucial barrier.

  • Ripple (XRP) edges lower on Saturday as volatility keeps investors on edge.
  • However, the downside risk remains intact as the price fails to test $0.80.
  • XRP bulls missed the opportunity to capitalize on Friday’s sound bounce back.

As per the Whale Alert, the US-based Bittrex exchange transferred 20 million XRP to the Korean platform Upbit.

At the time of writing, XRP/USD at $0.76, down 1.21% down for the day. The sixth-largest cryptocurrency by market cap held the 24-hour trading volume of $3,956,429,359 with losses of 0.41%.

Advertisement

XRP looks for bearish reversal

Source: Trading view

On the daily chart, Ripple (XRP) has been trading lower since the price made swing highs $0.91 as it moves inside the ‘rising wedge’ formation. It is a bearish reversal pattern as the price continues to trade in ‘lower high lower low formation’. As the price tested the lows of $0.67 and $0.622 and is one of the ways to revisit $0.58.

Furthermore, the price remains pressured below 200-EMA (Exponential Moving Average) at $0.85 since December 24. If the price sliced below the 50-day EMA of $0.76 then it could fall toward the lower trend line of $0.58.

On the flip side, if the price is able to break above the psychological $0.87 level then it could move toward the critical $1.0 level.

Technical indicators:

RSI: The Daily Relative Strength Index (RSI) trades at 51 below the average line.

MACD: The Moving Average Convergence Divergence (MACD) hovers just above midline with upside 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 Crash Looms as Flag, Death Cross, Falling DOGE ETF Inflows Coincide

Dogecoin price has crashed in the past few weeks as it moved into a bear…

October 23, 2025
  • Price Analysis

Solana Price Prediction as Osprey’s S-1 Filing and Hong Kong’s ETF Launch Fuel Reversal Hopes- Is $250 Next?

The Solana price has regained stability above $180 after several volatile weeks. SOL price continues…

October 23, 2025
  • Price Analysis

Ethereum Price Poised for Breakout as Wyckoff Re-Accumulation Meets BlackRock’s $110M Purchase

Ethereum price is gaining renewed attention as analysts highlight what they call the “perfect time…

October 23, 2025
  • Price Analysis

BNB Price Prediction as Analysts Eye $1500 Ahead of Fresh Coinbase and Robinhood Listings

BNB price is showing renewed strength as it attempts to reclaim higher ground toward the…

October 23, 2025
  • Price Analysis

XRP Price Classical Pattern Points to a Rebound as XRPR ETF Hits $100M Milestone

XRP price remains under intense pressure as woes in the crypto market industry continue. Ripple…

October 22, 2025
  • Price Analysis

Chainlink Price Eyes $27 Rebound as Whales Accumulate 54M LINK

The Chainlink price recently rebounded sharply from the $16 demand zone, an area that has…

October 22, 2025