NewsBTC
Jan 23, 2025
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XRP Price Corrects Below $3.20 After Struggling to Maintain Gains

XRP price has begun a correction from the $3.30 level, trading below $3.20 and the 100-hourly Simple Moving Average.

  • Current price action shows XRP struggling after reaching a high of $3.285.
  • The price dipped below significant support levels, including $3.20 and $3.1450.
  • Holding above $3.00 could allow for a potential recovery.
  • Major resistances are located at $3.20 and $3.250.
  • If the price falls below $3.00, further declines toward $2.880 and $2.750 may occur.

Technical Indicators

  • MACD indicates increasing bearish momentum.
  • RSI is below the 50 threshold.
  • Key support levels are $3.120 and $3.00.
  • Key resistance levels are $3.20 and $3.250.

XRP Price