XRP Price Prediction: Bears Keep Control Unless Bulls Reclaim This Level
Key Insights:
- XRP price trades near $1.04 as bulls defend the $0.98-$1.00 support zone.
- XRP price traded near $1.04 to $1.06 as sellers kept control of the short-term trend.
- A break below $0.98 could expose XRP to a deeper move toward $0.74.
The XRP price traded near $1.04 to $1.06 as sellers kept control of the short-term trend. Bulls defended the $0.98 to $1.00 support zone, but they have not reclaimed the level needed to change the market structure.
Analysts now point to $1.16 as the key level for a stronger recovery. Until XRP breaks above that area, the broader XRP price prediction remains cautious.
XRP Price Prediction: Ripple Crypto Tests Breakout Level
XRP price remains under pressure after a weak stretch across the wider crypto market. The token has held above its first major support zone near $0.98 to $0.99. That defense has helped prevent a deeper fall, but it has not confirmed a trend reversal.
Market researcher More Crypto Online said XRP still trades inside a bearish structure. The analyst tracks $1.16 as the level bulls need to reclaim. A clear move above that price could show that buyers have regained short-term control.
XRPUSD 4-Hr Chart | Source: X
The current XRP price prediction depends on whether buyers can turn support into momentum. XRP needs buyers to push the price above $1.16 before the recovery outlook can improve.
If bulls clear that level, XRP crypto could attempt a larger Wave 2 rebound. The next resistance zone sits between $1.27 and $1.42. Sellers may return in that area if volume fails to expand.
XRP Crypto Sellers Still Control Momentum
XRP traded around $1.04 on Wednesday, staying close to the psychological $1.00 level. The token also remained below several moving averages, which shows that sellers still control the near-term trend.
The 50-day EMA sits near $1.19, while the 100-day and 200-day EMAs stand higher near $1.30 and $1.52. The Bollinger middle band near $1.12 now acts as the first resistance area.
XRP crypto must break above that zone before buyers can challenge the $1.16 level. A failure to clear these levels could keep the price under pressure.
XRPUSD 1-Day Chart | Source: TradingView
Technical indicators also show limited strength. The Relative Strength Index reading at 32 can allow a short-term bounce. The MACD still gives a weak signal on the daily chart. That setup shows that bearish pressure has not faded.
Investor demand for XRP-linked products has softened in the short term. XRP spot ETFs recorded almost $3 million in outflows on Tuesday after stronger inflows in earlier sessions. Cumulative inflows still sit near $1.48 billion, while average net assets remain close to $944 million.
This shows long-term demand has not disappeared, but short-term appetite has weakened. Traders now need fresh buying activity to help XRP move away from the $1.00 area.
XRP Price Prediction: Will Ripple Fall to $0.74?
The downside risk remains clear if XRP price loses the $0.98 to $0.99 support zone. More Crypto Online identified $0.74 as the next major support if sellers force a deeper decline. A break below $1.00 could therefore increase pressure on bulls.
The Bollinger lower band also sits close to $0.99. That area now carries extra weight because it overlaps with the main demand zone. If XRP price closes below it with strong selling volume, traders may expect another leg lower.
The post XRP Price Prediction: Bears Keep Control Unless Bulls Reclaim This Level appeared first on The Market Periodical.
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