XRP has decreased by 2.6% in the past 24 hours, reflecting increasing technical weakness across multiple indicators. Its price is currently below $2.40. Its RSI has sharply declined into the neutral zone, signaling fading momentum after nearly reaching overbought levels just a day earlier.
The Ichimoku Cloud configuration has shifted to a downward trend, with the price currently trading below important support lines and beneath a red cloud, indicating increasing downward pressure. Adding to the concern, XRP's EMA lines are on the verge of forming a "Death Cross", a bearish signal that could lead to deeper decline unless a strong recovery emerges.
XRP Loses Strength After Sharp RSI Decline from Near Overbought Levels
XRP's Relative Strength Index (RSI) has dropped to 46.72, from 64.86 just a day prior, showing rapid momentum loss.
RSI is a widely used momentum oscillating indicator, ranging from 0 to 100. It helps traders identify overbought and oversold conditions.
Readings above 70 typically indicate an asset might be overbought and need adjustment, while values below 30 suggest oversold conditions that could lead to a recovery. Levels between 30 and 70 are considered neutral and reflect a lack of strong trend.
XRP RSI. Source: TradingView.With XRP currently at 46.72, the token has returned to the neutral zone, signaling hesitation and potential pause in its previous upward movement.
The sharp decline indicates weakening buyer interest, which could lead to price consolidation or mild decline if market sentiment does not improve.
To continue price momentum, XRP may need an RSI recovery to the 60–70 range, supported by broader cryptocurrency market recovery. Until then, price action may remain range-bound or slightly declining.
Ichimoku Cloud Shifts to Downward Trend for XRP as Price Drops Below Key Lines
The Ichimoku Cloud chart for XRP shows a downward trend change. The price has broken below both Tenkan-sen (green line) and Kijun-sen (red line), signaling a short-term trend reversal.
Price action is currently below Kumo (cloud), which has shifted from green to red—indicating weakening market sentiment and increasing downward pressure.
The red cloud ahead suggests downward momentum could continue unless a strong recovery pushes the price back above the cloud.
XRP Ichimoku Cloud. Source: TradingView.Additionally, Senkou Span A (green leading line) is trending downward, and Senkou Span B (red leading line) is flat, indicating loss of price momentum and potential range-bound or declining movement.
Although not clearly displayed, Chikou Span (green line) appears to be below price action, further confirming a bearish outlook.
Overall, the Ichimoku configuration reflects increasing resistance and diminishing support, suggesting XRP is technically vulnerable unless buyers return strongly.
XRP Faces Price Decline Risk as EMA Death Cross Approaches
XRP recently approached the $2.50 zone but was strongly rejected when Bitcoin suddenly dropped, causing broader market correction.
Selling pressure has weighed heavily on XRP's structure, and its exponential moving averages (EMAs) are now converging in a way that suggests a potential "Death Cross". This bearish crossover typically signals extended decline risk.
If confirmed, this pattern could open the door to deeper correction, with key support levels at $2.32 and $2.28 being closely watched. A break below these zones could accelerate losses towards $2.12 and $2.07 if downward momentum increases.
XRP Price Analysis. Source: TradingView.However, the outlook could change quickly if XRP can stabilize and regain upward momentum.
A price movement pushing back to the $2.449 resistance would be the first critical test for buyers, and reclaiming $2.479 could pave the way for retesting $2.65.
Such a move might require broader cryptocurrency market sentiment recovery, especially from Bitcoin, and a clear rejection of the threatening Death Cross. Until then, the technical trend remains tilted towards decline.
