XRP price outlook: XRP is trading near $2.87 on a rising diagonal with the 50‑day EMA as near support, but bearish RSI divergence and falling volume increase downside risk toward $2.45 if $2.78 fails. Monitor volume and the 50/200‑day EMAs for confirmation.
XRP needs to protect $2.80–$2.78 to avoid a deeper pullback.
Dogecoin sits on 200‑day EMA support near $0.212; failure could target $0.20 and $0.18.
Solana’s trendline holds a bullish structure but declining volume threatens breakouts above $190–$200.
XRP price outlook: concise technical update and trade cues. Read market levels for DOGE and SOL, risk targets, and what to watch next. Stay informed with COINOTAG insights.
What is the current XRP price outlook?
XRP price outlook shows the token at ~ $2.87 on an ascending diagonal line with the 50‑day EMA acting as immediate support. Mixed technicals — a bearish RSI divergence and falling volume — point to elevated downside risk if $2.78–$2.80 is lost.
How do technical indicators describe XRP’s near-term risk?
RSI has formed a bearish divergence over the past month while price made higher lows. This divergence, combined with steadily declining trading volume since July’s ~$3.70 peak, often precedes either sharp rebounds or breakdowns. The bias tilts toward downside unless volume and momentum improve.
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Volume confirms conviction. All three assets show declining participation since midsummer peaks, which reduces the likelihood that breakouts sustain. Weak volume on advances often precedes rapid reversals and amplifies downside when support fails.
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Source: https://en.coinotag.com/xrp-could-face-downside-risk-amid-rsi-divergence-dogecoin-and-solana-show-waning-momentum/