XRP price is down today. However, Ripple’s XRP didn’t just fall on its own, it moved with the rest of the market. Prices across crypto slipped, and Bitcoin pullingXRP price is down today. However, Ripple’s XRP didn’t just fall on its own, it moved with the rest of the market. Prices across crypto slipped, and Bitcoin pulling

How High Can Ripple’s XRP Price Go This Week?

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XRP price is down today. However, Ripple’s XRP didn’t just fall on its own, it moved with the rest of the market. Prices across crypto slipped, and Bitcoin pulling back set the tone for everything else.

Right now, traders are playing it safe. The Fear & Greed Index is down at 29, which tells you people aren’t eager to take risks, and money is quietly stepping away from volatile assets.

In moments like this, XRP doesn’t really lead,  it follows. And it tends to react more sharply too. So when Bitcoin dips, XRP often feels it more. Until something specific drives XRP on its own, its next move will keep leaning on wherever the market, and especially Bitcoin goes next.

Here’s What The XRP Chart Is Showing

We took a look at the chart and XRP tried to push higher but got rejected around the $1.45–$1.46 zone. That area has now become a clear resistance level. 

The XRP price is sitting around $1.41 right now, just under that resistance area, and you can see buyers are having a hard time pushing it back up.

Over the last few days, price hasn’t really gone anywhere. It’s just been moving slightly up, then down again, nothing decisive. That kind of movement usually means the market is unsure.

At this point, there’s no clear direction. The XRP price is just cooling off and moving sideways after getting rejected. The sellers are entering the market when the price is moving up, and the buyers are defending the lower price.

Source: Coinank

Also, the momentum indicators aren’t showing strong bullish signals. The RSI is just sitting in the middle, not leaning in any direction. It shows that neither buyers nor sellers are really in control right now, the market is just waiting for a push.

The MACD is starting to turn weak, with the histogram slipping into red. That’s a sign the upward momentum is fading and buyers are losing strength.

On top of that, volume has dropped off. Simply put, there isn’t enough interest in the market right now to drive the price higher.

Read Also: Why Is the River (RIVER) Price Pumping Today

XRP Price Targets This Week

If XRP starts to pick up again, the first hurdle sits around $1.45 to $1.47. That’s where price got pushed back before, so it needs to clear that zone with strength. If it does, the next areas to watch are $1.52 and then $1.60.

On the downside, $1.35 is the level holding things up right now. If that gives way, the drop could stretch to $1.30, and possibly $1.27, which has already acted as a floor in the past.

For now, the XRP price is stuck in a range, but the next big move could be based on whether or not the price of Bitcoin stabilizes or continues to fall.

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The post How High Can Ripple’s XRP Price Go This Week? appeared first on CaptainAltcoin.

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