XRP Price Prediction: Will XRP Reverse Its Downtrend?

As of March 31, 2025, XRP has had a challenging day with further selling pressure across the board.

The cryptocurrency market continues to see further selling pressure with another notable token joining the ranks of those in red at the time of press. As of 31 March, XRP has dropped 4.60% in the past 24 hours, trading at $2.06.

According to the CoinMarketCap daily chart, XRP carries a market cap of $206.54 billion. It ranks #4 as part of the cryptocurrency market with a 3.02% market cap share while carrying a total supply of 99.988 billion XRP and a max supply of 100 billion XRP. XRP circulating supply is at 58.2 billion since the market is extremely volatile right now.

Technical Setup: Key Levels to Watch

Persis 10t , an analyst on coinmarketcap, points out on the 12H the price is contained within a descending triangle, nearing major support at 1.9433. Major resistance lies in the range of 2.6000 to 2.7988, which will limit gains. A close below support could send XRP to 1.6000. A close above resistance could send prices to 3.0000.

Image Credit: Persis 10t on Coinmarketcap

What do the RSI and MACD Contributions Indicate for XRP?

As stated on the TradingView daily chart, it indicates the technical aspects of XRP’s momentum. The RSI fell from 47.49 to 37.45, meaning it is approaching oversold status at below 30. It forecast a possible price recovery. The MACD provides a bearish crossover confirmation, indicating that the MACD line at 0.0293 has crossed below the signal line at 0.0346; therefore, XRP shows continued downward price pressure.

Image Credit: TradingView

What Does Volume Say About Market Activity For XRP?

When you analyze volume on the all-time chart, there is a high volume spike during XRP’s price increase in early March when the price hit $1.35, but the decline in volume is now sharp, suggesting limited buying interest as the price falls. Therefore, the lack of strong volume suggests the initial increase in price above current price levels is still struggling to attract buyers and at present, may not lead to renewed buying at these current levels.

Image Credit:Coinglass

What is in Store for XRP?

Currently, XRP is trading at $2.06 at the time of publishing, having fallen 3.56% on the week—from $2.14 to $2.0599. The MACD is bearish, and the RSI has just crossed below its recent range. Both are indicative of further downward momentum in the near-term. However, if XRP stays above the $2.00 support, it may consolidate and draw in buying interest as that level is a profit-taking area for short-sellers.

Conclusion: Will XRP Reverse Its Downtrend?

XRP’s bearish indicators on the chart, as well as declining volume, mean that it will likely face obstacles during any bounce. However, the RSI approaching oversold conditions suggests it may be in for a bounce. The overall judgment is a little cautious on stated levels; however, XRP will need vast buying support to disrupt the downtrend. Investors should closely monitor the $2.00 support level for potential shifts.