XRP Faces Potential Downside Pressure After Losing $3.00 Support Amid Weakening Momentum
The post XRP Faces Potential Downside Pressure After Losing $3.00 Support Amid Weakening Momentum appeared on BitcoinEthereumNews.com.
XRP has dropped 7.4% last week, failing to hold the critical $3.00 support level. Weakening RSI and MACD indicators confirm bearish momentum, while stagnant volume and market cap reflect low trader confidence. Technical indicators like RSI at 40.73 and a negative MACD divergence signal declining buying pressure. Volume and market capitalization remain flat, showing hesitation among buyers and sellers. ‘, ‘ 🔒 Secure and Fast TransactionsDiversify your investments with a wide range of coins. Join now! ‘, ‘ 💎 The Easiest Way to Invest in CryptoDont wait to get started. Click now and discover the advantages! ‘ ]; var adplace = document.getElementById(“ads-binance”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex; adplace.innerHTML = adscodesBinance[adsindex]; sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBinance”, sessperindex); } })(); XRP price falls 7.4% below $3.00 support amid weakening momentum. Stay updated with COINOTAG for the latest crypto market insights. Why Is XRP Struggling to Maintain the $3.00 Support Level? XRP’s failure to hold above $3.00 marks a significant technical setback. The token has been consolidating between $2.91 and $3.05 after losing this key support. This price zone, previously a strong support, now acts as resistance, limiting upward movement. The recent rejection above $3.00 highlights a shift in market sentiment, with buyers unable to sustain momentum. ‘, ‘ 🔥 The Power of the TRON Ecosystem is Yours!Click now to discover exclusive opportunities! ‘, ‘ 💎 Profit Opportunities on the TRON NetworkJoin now to strengthen your investments! ‘ ]; var adplace = document.getElementById(“ads-htx”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexHtx”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesHtx.length) : sessperindex; adplace.innerHTML = adscodesHtx[adsindex]; sessperindex = adsindex === adscodesHtx.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexHtx”, sessperindex); } })(); What Do…
Filed under: News - @ August 5, 2025 3:15 am