XRP slides as price stays below MA-20 resistance: weekly outlook
XRP is trading at $1.0429, down $0.0325 (3.02%) over the past week, with volatility at 8.00%. The current price remains below the weekly MA-20 ($1.3110), MA-50 ($1.9674), and MA-200 ($1.2047), highlighting sustained medium- and long-term selling pressure on the weekly chart.
Highlights
- XRP remains below major moving averages, indicating sustained medium- and long-term bearish pressure from sellers.
- Momentum and oscillator signals are firmly bearish and point to weakness, with all primary indicators in oversold territory.
- XRP is expected to trade in the $0.94–$1.15 range for the next week, with downside risk eclipsing the likelihood of recovery.
Record network activity and protocol developments drive institutional sentiment this week
Ripple has formally advanced a native institutional lending protocol on the XRP Ledger, allowing banks and institutions to obtain on-chain credit against tokenized assets without requiring token sales. The protocol is currently under validator voting, moving native credit infrastructure on XRPL closer to launch. Meanwhile, XRP network activity has reached record levels as global expansion continues, with Ripple securing over 75 regulatory licenses and promoting institutional adoption through major industry events.
Persistent bearish momentum as technicals confirm downside pressure over the week
Weekly technical indicators remain firmly bearish for XRP. The price stays beneath all key weekly moving averages, with MA-20, MA-50, and MA-200 acting as dynamic resistance levels. Momentum indicators such as MACD and ADX confirm ongoing downside, while RSI, Stochastic RSI, and CCI all signal oversold weekly conditions. Bull/Bear Power and the Awesome Oscillator reinforce this bearish setup, and the current price is positioned in the middle of its recent weekly range.
Range-bound outlook with limited upside as resistance remains intact next week
For the next 7 days, XRP is expected to remain range-bound with a projected range of $0.94 to $1.15. Weekly indicators suggest a very low probability (less than 20%) of a sustained upside, and a sideways or further bearish move is more likely unless key resistance at $1.15 is broken. Should the price fall below $0.94, this would reinforce the downtrend and signal continued weakness for the week ahead.
Previously it was reported that XRP faced persistent bearish momentum, with technical indicators and price action signaling continued downside pressure. The current developments both reinforce this view and highlight institutional lending advancements, suggesting that traders should closely monitor validation of the lending protocol and watch for any potential shift should XRP decisively break the $1.15 resistance level.
- Forex
- Crypto