Key Levels Hold the Key to XRP’s Next Move
XRP Battles $2.50: What Happens Next?
XRP finds itself at a crucial juncture. On February 18, 2025, the price hovered between $2.48 and $2.52, reflecting short-term bearish pressure. Traders now face a vital question: buy the dip or sell the rip? The $2.50 level could decide XRP’s near-term fate.
Short-Term Bearish Pressure Dominates
The 1-hour chart paints a clear downtrend. XRP has formed lower highs and lows, with immediate support at $2.45-$2.50. Resistance sits above at $2.60-$2.65. Red candle volume spikes indicate aggressive selling. If buyers defend $2.50, a short-term bounce could emerge. Otherwise, a drop below $2.45 might accelerate losses.
4-Hour Chart Signals Warning Signs
Zooming out, the 4-hour timeframe shows a bearish reversal after XRP failed to break $2.80-$2.85. Sellers now eye the $2.40-$2.45 support. Holding above this zone is crucial. If XRP closes above $2.60, bulls could target a retest of $2.75. Failure to hold $2.40, however, may push prices toward $2.20-$2.30.
Daily Chart Reflects Market Indecision
XRP has recovered from a sharp plunge to $1.77 but struggles to regain bullish momentum. The daily chart reveals consolidation above $2.40. While long-term trends remain positive, repeated rejections near $2.80 hint at indecision. Holding above $2.40 may revive momentum toward $3.00. A breakdown, though, exposes $2.20-$2.40 as the next support zone.
Mixed Technical Signals Add Uncertainty
Indicators offer a split view. The RSI sits at 43.34, signaling neutrality. Stochastic reads 66.50, while the CCI at -19.56 shows subdued momentum. The ADX at 30.83 suggests moderate trend strength. Short-term moving averages flash sell signals. The 10-day EMA at $2.60 and SMA at $2.57 lean bearish. Yet, longer-term averages (200-day EMA at $1.73 and SMA at $1.43) suggest potential recovery.
Bull or Bear? Key Levels to Watch
Bull Case: A bounce from $2.40-$2.45 could trigger a rally toward $2.80-$3.00. Buy signals from the MACD and long-term moving averages support this scenario.
Bear Case: A break below $2.40 may intensify selling. Lower highs on shorter timeframes and strong sell signals suggest a potential dip to $2.20-$2.30.
Final Thoughts
XRP’s battle at $2.50 holds the key to its next move. Traders should watch for decisive closes above $2.60 or below $2.40. The coming days will reveal whether to buy the dip or sell the rip.
