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Cryptocurrency News Articles

XRP Is at a Pivotal Point as it Struggles to Break Above the 50-day EMA

Mar 22, 2025 at 04:10 am

This key technical indicator has become a strong resistance level, signaling a potential shift in the asset’s trajectory. If bulls fail to push the price above $2.50, bearish pressure may intensify, increasing the risk of a move lower.

XRP Is at a Pivotal Point as it Struggles to Break Above the 50-day EMA

XRP is trading at a pivotal point as it struggles to break above the 50-day Exponential Moving Average (EMA), currently standing at $2.36. This key technical indicator has become a strong resistance level.

If bulls fail to push the price above $2.50, bearish pressure may intensify, increasing the risk of a move lower. A rejection at the 50 EMA suggests bulls are losing momentum, while bears may take over if XRP drops below the crucial $2.30 support level. In this case, selling pressure could escalate, possibly driving the price down to the next major support at $2.11.

Historically, the 200-day EMA has acted as a reliable dynamic support, meaning a retest in that region could be likely if the current level fails to hold.

However, if XRP manages to break above the $2.50 resistance and consolidate, it could trigger a bullish breakout. In this case, the next targets would be $2.70 and the psychological barrier at $3.00. Volume remains a key factor—an uptick in buying activity may help XRP overcome resistance, while weak volume could lead to further decline or sideways trading.

As the crypto market shows signs of recovery, major altcoins like XRP are facing critical resistance levels that could determine their medium-term trends. With momentum building, XRP’s next move could provide a clear signal for traders navigating the current uncertainty.

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Other articles published on Apr 23, 2025