
Ripple (XRP) Price Prediction: Downtrend Accelerates as $2.00 Support Comes Into Focus
XRP is currently trading around the $2.18 level and continues to struggle for meaningful momentum on the lower timeframes. As noted in our previous analysis, the broader downtrend remains firmly in place, with the price gradually drifting toward lower levels. Since August, XRP has consistently formed lower highs on the daily timeframe. The October flash crash only accelerated this downtrend, driving the price through the key $2.70 support zone that was expected to hold firm.
At present, XRP is trading below the $2.30 level, another important support that has now turned into resistance. The bias remains bearish and the probability of further correction looks elevated in the near term. Let’s examine the latest charts to assess where price may be headed over the coming days.
Our XRP Price Prediction Summary
- XRP remains in a clear downtrend with lower highs on the daily and an active weekly bearish RSI divergence.
- The next major level to watch is the $2.00 support; a clean break below it would likely trigger a sharp sell-off.
- Any short-term bounce from the daily bullish divergence is expected to stay limited and eventually give way to fresh lows.
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Analyzing the Charts
Persistent Lower Highs Keep XRP Locked in Bearish Structure
On the 1-day timeframe, XRP remains clearly in a downtrend that has been in place since August, marked by a steady series of lower highs. The $2.70 zone had been acting as the primary structural support holding this structure together, but the October flash crash decisively broke that level and opened the door to deeper correction. The price action over the past few weeks has been notably sluggish. While we’ve seen a few minor bounces on the very low timeframes, they have lacked follow-through and the broader downtrend stays fully intact.
With the overall cryptocurrency market under pressure and Bitcoin itself now trading below the psychological $100,000 mark, the environment remains unfavorable for altcoins. Under these conditions, the risk of XRP pushing toward fresh lows in the coming weeks has increased significantly.
Short-Term Hope: Bullish RSI Divergence on the 1D Chart
That said, there is another technical detail worth highlighting on the 1-day timeframe. The RSI is currently showing a clear bullish divergence against price. This setup typically signals fading downside momentum and often leads to a short-term bounce or at least some choppy consolidation on the lower timeframes.
Even if this divergence triggers some near-term upside, the relief is likely to stay limited in scope. We would probably see only a minor retracement or sideways action before the broader macro downtrend reasserts itself. Any bounces should eventually attract fresh selling and push XRP lower again in line with the prevailing structure.
Weekly Bearish Divergence Still Fully in Play
On the 1-week timeframe, we are still seeing the same bearish divergence on RSI that has been in play for several weeks now. This downtrend started taking shape when the divergence first appeared while price was still in overbought territory, and it has been unfolding steadily ever since.
As long as this weekly bearish divergence remains valid, and it can easily stay active for a few more weeks, further correction looks likely and we should continue eyeing lower levels for XRP. This macro setup is the main reason our current XRP price prediction remains bearish for the medium-term outlook.
Final Takeaway: What is Next for XRP?
To sum things up, XRP remains stuck in a multi-month downtrend that shows little sign of letting up. The breakdown below the $2.30 support level, coupled with the persistent lower highs on the daily chart and the ongoing RSI bearish divergence on the weekly timeframe, all reinforce a bearish macro structure. While the daily bullish divergence offers a glimmer of potential short-term relief, perhaps in the form of a modest bounce or consolidation, any such move is likely to fizzle out quickly and form just another lower high within the dominant downtrend.
The most crucial support to watch right now sits at the $2.00 level, where bulls may mount a defense in an effort to stem the bleeding. A hold there could buy some time for breathing room, but a decisive break below would likely unleash accelerated selling and open the floodgates for deeper lows. Until we get a clean reclaim above $2.30 on solid volume and an invalidation of that weekly bearish divergence, the indicators keep the bias squarely with the bears.
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