XRP price prediction: Bearish trend continues with key support at $2.0
XRP continues downward trend, testing key support levels
XRP/USD remains in a clear downtrend, with price action forming lower highs and lower lows, reinforcing bearish momentum. The rejection from the $2.8 - $3.0 resistance zone triggered a breakdown, pushing XRP toward key support levels. Until the price decisively breaks above the descending trendline, further downside pressure remains likely.
The current resistance levels to watch are $2.5 - $2.6, followed by $2.8 - $3.0, which has repeatedly rejected upside attempts. On the downside, $2.1 - $2.0 is acting as immediate support, with a break below this zone likely leading to a test of $1.8.
The Exponential Moving Averages (EMAs) confirm the bearish outlook, with XRP trading below all major EMAs. The 20 EMA at $2.26 is a short-term resistance, while the 50 EMA at $2.34 and the 100 EMA at $2.39 reinforce the downtrend. The 200 EMA at $2.46 remains a long-term bearish barrier. Until XRP reclaims these levels, any recovery attempt is likely to face strong resistance.
XRP price analysis (February 2025 - March 2025) Source: TradingView.
Indicators signal oversold conditions but no trend reversal yet
Indicators signal oversold conditions, but there are no clear signs of a trend reversal yet. The Relative Strength Index (RSI) at 30.68 suggests that XRP is nearing oversold territory, which could lead to a short-term bounce. However, without strong buying pressure, a sustained reversal remains unlikely. Similarly, Bollinger Bands show XRP trading near the lower band, indicating a potential rebound, but weak volume limits the chances of a significant recovery. Additionally, the MACD remains in negative territory, with no signs of a bullish crossover, suggesting that selling pressure is still dominant in the market.
The overall trend remains bearish, with strong resistance at $2.5 - $2.6 and critical support at $2.0. If XRP breaks below $2.0, a further decline toward $1.8 is likely. On the upside, a reclaim of the $2.6 - $2.8 range is necessary to shift market sentiment. Until then, the outlook favors further downside pressure.
As previously noted, XRP remains under strong bearish control, with sellers maintaining dominance below key moving averages. A break below $2.0 could accelerate losses, making it a crucial level for market sentiment.
