Key Insights:
- XRP’s weekly MACD is near a bullish crossover, last seen before its all-time high.
- Price holds a 400-day support zone, which historically acted as a strong launch point.
- Short-term charts show a correction, with $2.03 as the next critical support level.
XRP’s weekly MACD indicator is showing early signs of a crossover. In mid-2025, the MACD line crossed above the signal line, which was followed by a major upward move. The same setup appears to be forming again.
At the moment, both MACD and signal lines are moving closer. The histogram bars have been shrinking, indicating a possible shift in momentum. If the MACD line moves above the signal line, this may confirm the crossover. Traders are watching this development closely.
XRP Holds 400-Day Support Zone
The chart does not show price directly, but the 400-day support zone remains in place. This level has held firm during recent moves and is seen as a base for buyers.
Holding above this level is key. In past cycles, XRP has moved higher when long-term support zones remained intact during early momentum shifts. With the MACD setup in progress, this defense area remains relevant.
Short-Term Drop Suggests Retest Ahead
Lower timeframes are showing a different picture. According to @Morecryptoonl, XRP dropped below $2.109. This level was marked as the first signal area. After the break, the next level expected to be tested is $2.03. The analyst also noted,
“We might have a more substantial price top in place.”
A completed ABC correction can be seen on the 30-minute chart. The recent move reached $2.263, close to the 61.8% retracement, before turning lower. If $2.03 does not hold, price could fall into the zone between $1.77 and $1.68.
Current Price and Volume Data
XRP was trading at $2.07 at the time of writing. In the last 24 hours, the price has moved down by 3.3%. Over the past week, the total drop stands at 3.1%. Trading volume in the last 24 hours is $3.35 billion.
With volume remaining steady, traders are tracking both short-term price zones and the weekly MACD pattern. A confirmed crossover could shift sentiment and open the door to new price moves.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.