The chart is not pretty. #Xrp🔥🔥 is trading below both the 50-day SMA at $1.49 and the 200-day SMA at $2.17. Bears are in control and those moving averages are now acting as resistance.
RSI is sitting at 48 to 50. Dead neutral. That means a big move could come from either direction, and nobody knows which way yet.
Here are the levels that matter.
Lose $1.30 and XRP price could drop to $1.11. That is the bear case. Break above the descending trendline at $1.51 and bulls start eyeing $1.90.
Polymarket thinks neither happens cleanly. The most likely outcome, at 41% probability, is a slow grind toward $1.60 by March 30. Just chop. Just frustration.
For now, this is a range-bound market waiting for a catalyst.
XRP
1.3177
-1.81%