Ripple $2.15‘s XRP has begun a harsh decline of more than 5 percent in the new week. The price hangs below $ 2.23 and tries to hold on the $ 2.15 dollars. The daily transaction volume decreased by 37 percent to $ 1.51 billion, while the volume and open positions in the futures transactions shrunk at a similar speed. Indicator for price Relative power index (RSI) 40.82 and the bottom signal is not yet clear. On the other hand, the 4 -dollar -targeted purchase options in Deribit prove that some players still maintain a double -digit return expectation.
Short -term sales pressure on XRP
The first sign on the pressure on the Spot market was that the 50 -day EMA became resistance to $ 2.27. The “Doji” form of the intra -day candles reveals that the balance between the buyer and the seller becomes fragile. Average direction index (ADX) It says that the trend is weak by watching around 23, but the 200 -day EMA still remains below the price. If the old support of $ 2.23 in a short time is not recovered, the graphics contains a sagging potential to test the main demand zone in $ 1.96.
The table on the volume front is cold. In -chain data in the last 48 hours XRP shows that there is no significant accumulation in their addresses. This means that the price decrease has not yet attracted powerful footbellers. Nevertheless, the derivatives show that the risk of liquidation decreases in the market to 3.9 billion dollars in the market and has partially closed the hard shocks. The $ 2,60 – $ 3.00 band where purchase options are intensified may be the first liquidity target in short -term recovery.
Long -term scenarios for Altcoin
According to the weekly wave model of the technical analyst Dark Defender, the XRP is preparing a new acceleration to $ 18.22 – $ 23,20, similar to the November 2024 cycle.
If the model is confirmed by the normalization of volume and the cutting of more than 50 RSI, it envisages a parabolacic movement that can lead to profit intake in the middle of the year. Spot ETF approval or Ripple-SEC caseIn a clear favorable supply expected in the case, the supply of the stock exchanges can open the door to the classic supply shock scenario.
The more cautious ministerial analysts for corporate demand end the story in the $ 8 – 10 dollar band. Their arguments are delayed by regulating clarity and the Bitcoin of the subcoin cycle 
$104,365.15‘s dominance on the market can not mature without breaking. On the other hand, decentralized payment projects and pilot initiatives in the area of tokens Xrp ledgerIt continues to add functional basis. In the big picture, the long -term rise line will not technically deteriorate as the EMA of 200 weeks ($ 1.52). Possible retreats can strengthen this region.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
