The cryptocurrency market remains largely bullish, with most assets gaining. However, XRP is an exception, experiencing a notable decline despite the broader uptrend. XRP’s Recent Decline and Key Support Level In the past 24 hours, XRP has dropped 1.89%, but support at the 200 EMA on the 15-minute chart prevented further losses. This suggests sellers are active, yet buyers are defending key levels. XRP Price Action Short-Term Technical Outlook On the daily chart, XRP closed bullish on March 15, signaling resilience. The current 4-hour candle also appears set to close bullish, reinforcing short-term optimism. However, for a sustained rally , buyers must build momentum to clear major resistance. The $2.45 level, which previously acted as a turning point, remains a major hurdle. Until buyers show stronger conviction, XRP will likely stay in consolidation. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Expected Price Range and Potential Breakout In the short term, XRP is expected to trade between $2.30 and $2.60. A break above $2.45 could push prices toward $2.90 before another retracement. However, if selling pressure rises, a drop below $2.30 could trigger further losses. Market Sentiment and Midterm Outlook In the broader view, XRP remains range-bound, with neither bulls nor bears in full control. Low trading volume reflects weak buying interest, reducing the likelihood of sharp moves soon. For traders and investors, this phase may present an accumulation opportunity before a stronger trend develops. Currently, XRP trades at $2.3760, reflecting a neutral stance as bulls and bears struggle for control. The next decisive move depends on trading volume and overall market sentiment. Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Price Prediction: Buyers Preparing for a Major Breakout appeared first on Times Tabloid .
