Published: Nov 18, 2025 at 15:06
Updated: Nov 18, 2025 at 15:13
The price of XRP has remained above the $2.00 support level for the past month as buyers defend this level.
However, buyers have been unable to keep the price above the moving average lines, which have blocked further upward movement.
XRP long-term analysis: bearish
On the weekly chart, the cryptocurrency price has fallen below the moving average lines. On the downside, if the bears break below the current $2.00 support, selling pressure will increase. Additionally, the price signal suggests that the coin will continue to decline.
On August 4, a retraced candle body tested the 50% Fibonacci retracement level, according to the price forecast. This retracement indicates that XRP will fall to the 2.0 Fibonacci extension, or the low of $1.79. XRP is currently valued at $2.19.
Technical indicators:
XRP price indicator analysis
On the weekly chart, the moving average lines are sloping upwards, indicating a previous rally. The current bearish candlestick is being resisted by the 50-day SMA barrier, suggesting a further decline in the cryptocurrency. On the 4-hour chart, the moving average lines slope horizontally. The 21-day SMA is below the 50-day SMA, indicating a current downtrend.
What is the next direction for XRP?
XRP is declining below the moving average lines but has held above the current support level of $2.00. The 4-hour chart shows XRP trading above the $2.15 support but below the $2.60 resistance.
Today, the price retested the $2.20 support but fell again. However, a break below the present support level will signify the continuation of the negative trend.
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.
Expert in finance, blockchain, NFT, metaverse, and web3 writer with great technical research proficiency and over 15 years of experience.
Source: https://coinidol.com/xrp-amid-decline/
