Ripple (XRP) Price Prediction: Bulls Reclaim Key Support While Macro Downtrend Persists

XRP is currently trading around the $2.10 mark and is showing signs of momentum on the lower timeframes. As we highlighted in our previous analysis, a clear bullish divergence was forming on the 1-day timeframe, and that signal has played out nicely as the price managed to break above the $2.00 resistance level. The lower timeframes are looking encouraging right now, with the $2.00 level successfully flipping into support. That said, the overall trend for XRP remains bearish. The macro timeframes are still locked in a strong downtrend, and the larger bearish divergence continues to stay active. With that context in mind, let's dive into the latest XRP price charts to see where the price could be headed in the coming days.

Our XRP Price Prediction Summary

• XRP has successfully flipped the $2.00 resistance level into support on the daily chart, though the market still faces pressure above this mark.
• The overall trend remains bearish as the price continues to follow a pattern of lower highs and lower lows on the daily timeframe.
• A strong bearish divergence on the weekly timeframe is still active and has not been invalidated, which keeps the long-term outlook cautious.

Analyzing the Charts

Recent Price Momentum

Looking at the daily chart for XRP, the first thing to notice is the small rally that took place right after the bullish divergence appeared. This signal gave buyers the momentum they needed to push the price past the $2.00 resistance level and successfully turn it into a new area of support. If the bulls can hold this ground and continue to find strength in the coming sessions, the next logical target we are watching for XRP is the $2.30 mark.

Understanding the Broader Trend

It is important to keep in mind that even though we are seeing some strength on the daily timeframe, the overall downtrend for XRP remains intact. This recent move looks more like a relief rally within a larger bearish cycle rather than a complete shift in market direction. The price continues to form lower highs and lower lows on the daily chart, so the bulls will need to break this established pattern before we can expect any significant momentum toward a true trend reversal.

The Weekly Timeframe

Lastly, if we switch to the 1-week timeframe, there is a strong bearish divergence for XRP that has been active for months and has still not been invalidated. The price continues to drop consistently on this weekly timeframe without any relief or temporary rallies. This shows that the broader downtrend is still intact since the bearish divergence remains active. For this reason, we are still treading carefully and our XRP price prediction continues to lean toward the bearish side.

Final Takeaway: What is Next for XRP?

While the short-term price action for XRP looks positive as it holds the $2.00 support level, the broader market structure remains a concern. The rally on the daily chart has provided some relief, but the lack of a trend reversal on the macro timeframes suggests that the overall downtrend is still in effect. The long-term bearish divergence on the weekly chart continues to be a major factor in our analysis, as it has yet to be invalidated. Until we see a more significant break in this pattern, our XRP price prediction remains cautious and leans toward the bearish side.