XRP is currently trading at $2.23 with a market capitalization of $129 billion. The 1-hour, 4-hour, and daily charts indicate strong bearish momentum, with resistance at $2.30 to $2.32 and support at $2.20. The volume spike suggests increased selling pressure and a lack of bullish conviction. The oscillators and moving averages reflect a bearish sentiment, with neutral or negative readings. While XRP could potentially recover if it holds above $2.20 and breaks resistance at $2.50, the overall trend is downward, with lower highs and continued rejection at lower levels.
Content Editor ( news.bitcoin.com )
- 2025-03-09
XRP Price Analysis: Key Support at $2.20 Tested as Downside Continues
