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Cryptocurrency News Articles

XRP Price Prediction for Today and This Weekend (April 10 – 12)

Apr 11, 2025 at 02:19 pm

The XRP price remained relatively strong during the ongoing market sluggish performance and now it's hovering around $2.00.

XRP Price Prediction for Today and This Weekend (April 10 – 12)

The XRP price has remained relatively strong during the ongoing market sluggish performance, currently hovering around the $2.00 mark.

Another positive aspect for XRP holders is its resilience. During periods of market surges, which occurred twice this week, XRP experienced steeper pumps compared to other popular altcoins, with 15-20% price increases from lows.

Where could the XRP price go today and this weekend? Let’s analyze.

XRP Chart: Technical Analysis

XRP bounced off the 200-day moving average at $1.87 and managed to climb back above $2.00. This demonstrates the 200-day average is providing support for the moment. However, the bounce wasn’t very significant, indicating that buyers aren’t fully committed yet.

After February, XRP has been forming lower highs and lower lows, a pattern that signals a downtrend. The MACD is still negative and below the signal line, further confirming bearish momentum. The RSI stands at 44, just above oversold territory, showing bearish to neutral momentum.

The CCI indicator reads -50, pointing to a mild downtrend. The Rate of Change shows a drop in price momentum of about 9.34%.

At present, there are no bullish divergences on the RSI or MACD charts that would hint at a coming reversal.

Weekend XRP Price Scenarios

If sellers gain control and push the XRP price below $2.00, we’ll likely see another test of the 200-day moving average at $1.87. If this support breaks, the price could slide down to $1.75, especially if we see higher trading volume on the way down. Based on current indicators like ROC and MACD, this scenario seems quite possible.

Conversely, if buyers step up and keep the XRP price above $2.00, we could see the price move toward $2.15, which was a resistance level in early April. A strong close above $2.20 would signal a breakout and possibly push the price toward $2.40. For this to happen, we’d need to see the RSI climb above 50 and the MACD lines start to come together.

The bearish case seems more likely now unless we see strong reversal signals in the next day or so. The bullish case needs confirmation from higher volume and a shift in momentum.

Despite the current downtrend, XRP has shown it can bounce back harder than other coins during market upswings. Keep an eye on whether it holds above the $1.90 level this weekend, as this will be key to which direction it takes next.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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