The XRP price has continued to show weakness as it slips further into its support zone. Just like we discussed yesterday, the XRP token closed near $2.02 — and now it’s hovering right around $2.03 in early trading. The bearish trend seems to be holding strong, and Ripple price action is showing no major signs of recovery so far.
As mentioned in our yesterday’s XRP outlook, the price of XRP was expected to stay between $2.00 and $2.08, with a downward lean. That’s exactly what played out — and it now looks like XRP could be preparing to test the $2.00 support again, or even dip slightly lower.
The $2.00 zone is critical for the XRP price right now. This level has acted as a floor before, but without any fresh bullish news or broader market momentum, it’s looking increasingly fragile.
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XRP Price Range and What to Watch
At the moment, XRP is trading around $2.03. The price seems stuck in a narrow range, and most of today’s trading is expected to stay between $2.0 and $2.06. However, the possibility of the XRP token dipping further into the support zone is very real.
So far, the market hasn’t given XRP enough strength to bounce back toward $2.08. Until that changes, traders should watch the $2.00 mark closely — it remains the line between a potential bounce and a deeper drop.
What the Indicators Say About XRP
Looking at the 1-hour chart, technical indicators suggest more downside pressure:
- Relative Strength Index (RSI) – [14] is at 39.46, which signals that XRP is leaning toward oversold conditions. It’s not extreme yet, but the momentum is clearly bearish.
- Moving Average Convergence Divergence (MACD) – [12,26] shows a negative value of -0.021, pointing to continued selling momentum.
- Average Directional Index (ADX)- [14] is sitting at 17.79, which is relatively low. This tells us that the current trend is weak and not strongly directional — but that also means any shift in sentiment could move the market fast.
- Commodity Channel Index (CCI) – [14] is at -63.82, confirming bearish pressure.
- Average True Range (ATR) – [14] reads 0.0406, indicating lower volatility in the short term.
Bullish and Bearish Scenarios for XRP Price Today
If you’re hoping for a bullish turnaround, the best case for Ripple price would involve some kind of external catalyst. This could be positive legal news for Ripple, or a broader crypto market rally. If that happens, XRP could bounce off the $2.00 support and push toward the $2.06–$2.08 range again. However, without strong volume and buying interest, this might be tough to sustain.
On the bearish side, if the $2.00 support fails to hold, XRP could slip into the lower range of the support zone, possibly toward $1.95. Indicators currently support this downside view, with no clear reversal signals yet. If XRP breaks below $2.00 and closes there, it could trigger more sell-offs in the short term.
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XRP Price Prediction for Today
Given the current data and sentiment, XRP will likely stay between $2.00 and $2.06 today, with a slight bearish tilt. Unless something changes in the overall market, the Ripple price will probably test the $2.00 support again. A bounce is possible — but for now, the pressure is still downward. Watch the $2.00 mark carefully; it’s the key level to watch today.
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