The price of XRP fell slightly yesterday, slipping from the highest highest highest highest highest highest highest highest highest highest highest highest highest dollar to about $ 2.27 in Daily Clos. As predicted, XRP faced a strong resistance of $ 2.30. We mentioned in our previous article that a clear breakthrough over $ 2.30 could open the road to $ 2.35 or even $ 2.50, but that step did not materialize.
Let's see where the XRP could go today.
XRP chart analysis
XRP trades for writing at a price of $ 2.28. The diagram of the day shows that the price continues just below the descending trend line, which has been resisting since February. Despite most of April through bullish, the XRP price still has to confirm the overrun.
The latest price operation shows hesitation near $ 2.30, where sellers have entered again. This level coincides with the upper border of the descending trend line, which has rejected several upward attempts in recent months. The structure still retains higher lower, showing its underlying purchase interest. However, if the price does not reach more than $ 2,30 to $ 2.35, the potential will remain upside down.
The downside is the XRP Price support for $ 2.10, with $ 1.95-2.00 in the zone of stronger demand. The distribution of these levels can cause a deeper repetition of $ 1.70-1.80 support area, which has lasted several times this year.
Technical indicators
The indicators currently have mixed signals. The MACD is slightly positive at 0.007, which refers to a weak but occurring bullish pulse. However, other impulsive figures tend to cover.
| Indicator | Value | Interpretation of the signal |
| Macd | 0.007 | A light bullish momentum |
| CCI (14) | -130,7 | The upper, the weakening of the trend |
| Ultimate oscillator | 44.06 | Low purchase pressure |
| ROC (rate of change) | -0.303 | The momentum is decreasing |
| The power of the bull/bear (13) | -0.0337 | A light domination |
The freight channel index (CCI) is -130.7, showing the transition conditions and weakening trend. The final oscillator is 44.06, slightly below the neutral, indicating that the purchase strength is fading. The rate of change (ROC) is -0.303, confirming that the momentum cools. In the meantime, the Pull/Bear Power indicator is -0.0337, suggesting a light bear.
Read also: too late to buy Bonk? Price eyes new heights after perfect bouncing
XRP price forecasts for now
By April 29, the XRP can be again monitored by one of two key routes depending on how it reacts to $ 2.30 to the resistance zone:
In a bullish scenario, when the XRP breaks with a higher volume of $ 2.30 and persists, it can push for $ 2.35. If this momentum continues, prices can rise even more between $ 2.50 and $ 2.60. This scenario would require support for strong MACs values and volume.
If the XRP is unable to cross the trend line and falls below $ 2.20, we are likely to see a setback to $ 2.05-2.10. If sellers take control, prices may fall to $ 1.95 or even test the wider demand zone between $ 1.70 and $ 1.80.
Given the current hesitation near resistance and mixed technique, XRP price may remain The range is between $ 2.20 and $ 2.30, while traders are waiting for a clear breakthrough or distribution signal.
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