- XRP price today is at $2.90, down 1.5 percent, consolidating inside a triangle pattern.
- The 20–50 EMAs at $2.96–$3.03 act as resistance, while $2.85 remains the key support.
- RSI near 39 signals bearish pressure, explaining why XRP price going down recently.
XRP is currently trading at $2.90, down 1.5% for the day as sellers keep pushing the price down to $3.00. The token is stuck in a triangle shape that is getting smaller. The bottom support is at $2.85 and the top resistance is near $3.20. Price action shows that the market is consolidating after the rally in July, and momentum indicators show that the market is weak in the short term.
XRP Price Update and Chart View
On the daily chart, XRP is forming a descending triangle, with repeated lower highs pressing against horizontal support. If $2.85 fails to hold, the next demand zone rests around $2.65, where prior accumulation was seen earlier in the summer. On the upside, reclaiming $3.20 would be the first sign of buyers regaining strength, potentially opening the path to $3.40.
The 4-hour chart highlights EMA pressure, with the 20–50 EMAs at $2.96–$3.03 acting as resistance. XRP has consistently failed to close above these levels, keeping the bias tilted lower. RSI at 39 reflects a bearish lean, while MACD signals remain negative, showing that downside momentum has not yet faded. This explains why XRP price going down today, as bears continue to weigh on intraday recovery attempts.
XRP Price Short-Term Outlook
For the next 24 hours, XRP will likely continue consolidating inside the $2.85–$3.20 range. A close below $2.85 would expose $2.65, while strength above $3.20 could target $3.40 and $3.60.
Forecast Levels
- Support: $2.85, $2.65, $2.45
- Resistance: $3.20, $3.40, $3.60
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