- XRP’s RSI at 36.07 nears oversold; a drop below 30 may signal a rebound if buyers step in.
- The MACD confirms bearish momentum; price must break $2.60 for an upward move.
- XRP’s future depends on market sentiment, SEC case outcome, and Ripple’s adoption.
Ripple’s XRP had a downturn in February, aligning with the broader market trend. The digital asset dropped by 3.31% in the last 24 hours, bringing its monthly losses to 28.52%. At press time, XRP was trading at $2.22.
Sentiment data from CoinMarketCap showing 88% bullish and 12% bearish sentiment. With February closing, the market anticipates whether XRP will reverse its losses or extend its downtrend into March.
XRP’s Market Performance and Indicators
XRP is in a bearish phase. It has a daily price high of $2.2395 and a low of $2.16. The 14 day RSI is at 36.07, nearing oversold territory. The RSI moving average is 46.23, confirming the downtrend. A drop below 30 could indicate a potential reversal if buyers step in.
The MACD indicator shows bearish momentum. The MACD line is at -0.0396, below the signal line at -0.0611. The negative histogram at -0.1006 confirms selling pressure. If buying volume increases, a possible trend shift could emerge in March.
Support, Resistance, and Moving Averages
XRP has strong resistance at $2.50, $2.80, and $3. Meanwhile, support levels are at $2.15, $2, and $1.80. The price is below both the 50 day and 200 day moving averages, at $2.49 and $2.65, respectively. This setup indicates a death cross pattern, which typically suggests continued downside pressure.
Total open interest in XRP derivatives is currently $2.3 billion. If open interest rises alongside price, it suggests fresh capital entering the market. However, a decline in open interest while price drops could indicate traders closing positions, intensifying bearish sentiment.
In March 2025, If XRP holds support between $2.15 and $2, a rebound toward $2.80 or even $3.00 is possible, with a potential test of $3.50 if bullish momentum returns. However, if the price fails to sustain above $2, further declines toward $1.80 or lower could occur before any recovery attempt.
Analyst Insights and Market Catalysts
According to Crypto Michael, XRP could still reach new highs if it holds key support. He emphasized that breaking $2.60 is necessary to trigger an upward move toward an all time high. However, short term outlooks remain cautious.
$XRP
— Crypto Michael (@MichaelXBT) February 26, 2025
There is still hope for new highs if it holds this purple support line
A break of $2.6 is needed to activate a move up to new ATH
Expecting more chop this week before a decisive move in March pic.twitter.com/TsLJhXOL4T
Analyst Ali highlighted the TD Sequential indicator flashing a sell signal on the two week chart, suggesting an impending correction. Several factors could influence XRP’s price in March 2025.
Ripple’s adoption and new partnerships may drive demand. The ongoing SEC lawsuit remains crucial, as its resolution could impact investor confidence and institutional interest. These developments will influence XRP’s price in March.