XRP Faces Bearish Pressure as CME Denial and Weakening

Jan 23, 2025 · XRP's immediate outlook hinges on its ability to hold above $2.90. A breakdown below this level could trigger a 20% decline to $2.62. Conversely, breaking above the …

CouponFollow Extension

20%
OFF

XRP Faces Bearish Pressure As CME Denial And Weakening

2 weeks from now

Jan 23, 2025 · XRP's immediate outlook hinges on its ability to hold above $2.90. A breakdown below this level could trigger a 20% decline to $2.62. Conversely, breaking above the …

kucoin.com

20%
OFF

XRP Faces Potential 20% Decline Amid Weakening Momentum …

2 weeks from now

Jan 26, 2025 · However, a breakout above the descending trendline resistance from January 16 could invalidate the bearish thesis and propel XRP to new highs above $3.55. Regulatory …

bravenewcoin.com

20%
OFF

XRP Lose Steam, Risks 20% Decline Despite Donald Trump's

2 weeks from now

Jan 24, 2025 · Short-term holders are responsible for most of the selling activity following CME's clarification on XRP futures. XRP could decline nearly 20% to $2.62 as bulls show signs of …

fxstreet.com

$4
OFF

Why XRP Rally Could Face A Setback Before A Surge To $4 - CCN.com

2 weeks from now

Jan 20, 2025 · After hitting $3.31, XRP’s price is about to fall below the upper trendline of the bull flag pattern. Indicators like the MACD show bearish momentum and validate the potential of …

ccn.com

10%
OFF

Ripple (XRP) Price: Bearish Signals Point To Further Losses

2 weeks from now

Oct 8, 2024 · XRP faces pressure after SEC appeal, dropping 10% and nearing a two-month low, with a bearish trend persisting. Technical indicators like the DMI and EMA suggest continued …

beincrypto.com

$20
OFF

Why Is XRP Down Today? CME’s Futures Contracts Denial, Broader …

2 weeks from now

Jan 23, 2025 · Since then, XRP’s market cap has plunged by around $20 billion as the wider cryptocurrency market endures a slight downturn. The native token of the XRP Ledger has …

cryptoglobe.com

50%
OFF

XRP Faces Bearish Divergence, Price May Drop To $2.28

2 weeks from now

Jan 19, 2025 · XRP has been experiencing a significant surge in January 2025, gaining nearly 50% and peaking at $3.39 on January 18. However, recent technical indicators suggest that …

thecurrencyanalytics.com

3%
OFF

XRP Faces Potential Downside Amid Weak Momentum And Whale …

2 weeks from now

6 days ago · XRP’s Market Dynamics: Analyzing Recent Trends and Price Movements. Over the last 24 hours, XRP’s price has seen a significant decline of over 3%, with the Relative Strength …

coinotag.com

22%
OFF

XRP Price Falls 22% After $3 Attempt — Bearish Pattern Suggests …

2 weeks from now

XRP’s movement within the wedge will determine the next direction. A break below $2.20 could lead to a more pronounced correction, while a breakout above $2.90 would confirm renewed …

msn.com

6%
OFF

Ripple (XRP) Price Faces Pressure As Key Indicators Turn Bearish

2 weeks from now

Oct 31, 2024 · This weakening buying pressure could mean a correction for XRP is on the horizon. Ripple Price Prediction: Is a 16,6% Correction Imminent? XRP’s EMA lines are …

beincrypto.com

$2
OFF

XRP Price Analysis: Can The Altcoin Slip Below $2 Again?

2 weeks from now

Dec 11, 2024 · XRP's RSI has dropped below the neutral 50.00 level, suggesting fading bullish momentum after being overbought. Despite staying positive, the Awesome Oscillator's (AO) …

beincrypto.com

$2.90
OFF

XRP Faces Rejection At Resistance — Downtrend Likely To Resume

2 weeks from now

Dec 13, 2024 · XRP Price Analysis. The XRP chart on the 4-hour timeframe shows a completed five-wave impulsive structure, with the fifth wave marking a peak around $2.90. Following this …

ccn.com

$2
OFF

XRP Price Faces Pressure As Market Demand Fades Near $2

2 weeks from now

Jan 10, 2025 · The number of new XRP addresses drops, signifying decreasing adoption. User engagement on the XRP Ledger also declined, reinforcing a bearish outlook. XRP price risks …

ccn.com

$2
OFF

Here’s Why You Should Be Bullish On XRP Even As It ... - Coinpedia

2 weeks from now

Dec 30, 2024 · Therefore, the XRP price may eventually reach the ascending support line at $2 after undergoing a small rise to $2.1. XRP Long-Term Potential. Additionally, the long-term …

coinpedia.org

$2.71
OFF

XRP Price Analysis: Bears Take Control As XRP Struggles To Stay …

2 weeks from now

XRP’s 1-hour chart reveals a challenge in sustaining upward progress, as XRP continues to be weighed down by selling pressure. A formation of lower highs near $2.71 hints at a potential …

bitcoin.com

25%
OFF

XRP Price Bearish Divergence Spotted, Hinting At A Drop To $2.28

2 weeks from now

Jan 18, 2025 · January’s XRP price rally risks hitting a point of exhaustion due to an emerging bearish reversal signal.XRP price chart hints at 25% correction. XRP has surged nearly 50% …

cointelegraph.com

$2
OFF

Why The XRP Token Price May Struggle Above $2 - BeInCrypto

2 weeks from now

Jan 1, 2025 · XRP Faces Potential Decline Below $2 as Bearish Pressures Mount 2 mins. By Abiodun Oladokun. 1 January 2025, 08:30 GMT+0000. Updated ... If selling pressure …

beincrypto.com

FAQs about XRP Faces Bearish Pressure as CME Denial and Weakening Coupon?

Why did CME denial XRP futures?

CME's denial of XRP futures contradicts the optimism seen earlier this month, as technicals point to weakening of the uptrend. XRP faces risk of a price slide. (GuentherDillingen/Pixabay) CME's denial of XRP futures indicates a lack of institutional demand for coins other than BTC and ETH. ...

Will the CME denial hurt XRP?

The CME is the preferred venue for institutions to trade futures and options tied to BTC and ETH. The CME's denial — at least for now — may be particularly concerning for XRP as it undermines the optimism surrounding XRP's prospects under Donald Trump's presidency. ...

What happens if XRP falls below the SMA?

If XRP sustains a decline below the $2.90 level, it could decline to find support at $2.62 near the 50-day Simple Moving Average (SMA). However, a rally above a descending trendline resistance extending from January 16 will invalidate the bearish thesis and send XRP to a new all-time high above $3.55. What is Ripple? ...

Will XRP price rally hit a point of exhaustion?

XRP's current bearish divergence setup mirrors the technical pattern seen in 2018, which preceded an 80% price correction. January’s XRP (XRP) price rally risks hitting a point of exhaustion due to an emerging bearish reversal signal. XRP has surged nearly 50% in January, briefly topping $3.39 on Jan. 18, its highest level in nearly seven years. ...

Will XRP price fall below the 20 EMA?

XRP price risks falling below the 20 EMA, with possible targets lower than $2. In December, XRP’s price hit a six-year high, climbing above $2.70. As a result of this performance, the altcoin briefly surpassed Tether (USDT) market cap. At that time, the price action triggered numerous predictions suggesting that XRP’s price could continue to rise. ...

Will XRP fall below $2 if buying pressure doesn't recover?

A bearish reversal pattern and neckline break at $2.40 could push XRP to $1.87 if buying pressure doesn't recover. Ripple (XRP) faces the risk of falling below $2 after a 12% decline in the past week. This potential drop is highlighted by technical indicators identified in recent XRP analysis, pointing to mounting bearish pressure. ...