The XRP worth was largely calm previously few days following the information that SEC dropped their enchantment towards Ripple. Price shortly pumped from $2.30 to $2.50, nevertheless it was apparent primarily based on on-chain data that this pump didn’t have legs as Ripple whales didn’t purchase.
XRP worth then cooled off round $2.40 and is now buying and selling at this stage. Let’s see the place Ripple’s token may very well be headed this weekend.
Initially, let’s observe that SEC didn’t formally shut the case. They solely dropped the enchantment. Nonetheless, primarily based on pro-XRP lawyer insights, they don’t have many choices from right here and it’s onerous to think about something big will break this weekend.
🇺🇸 SEC nonetheless silent on the Ripple case? 🇺🇸
The SEC hasn’t formally closed the Ripple case. With out an official assertion, the uncertainty stays. Will they lastly affirm what everybody’s been ready for? 🤔
Drop a like in case you’re prepared for them to talk up! 👇🏽 pic.twitter.com/g15zcbmxsH
— John Squire (@TheCryptoSquire) March 21, 2025
Technical Indicators Evaluation
Technicals on a each day timeframe seem like this:
RSI(14) is 50.344 – The Relative Energy Index is nearly precisely on the center level of fifty, indicating that XRP is neither overbought nor oversold. This suggests a impartial momentum with out robust strain in both route.
MACD(12,26) is -0.006 – The Shifting Common Convergence Divergence is barely beneath zero, displaying minimal bearish momentum. The worth could be very near zero, which suggests the bullish and bearish forces are practically balanced.
CCI(14) is 62.8628 – The Commodity Channel Index is reasonably optimistic however not within the overbought territory (which generally begins at +100). This signifies some optimistic worth energy, although not excessive.
ATR(14) is 0.1649 – The Average True Range suggests average volatility in XRP’s worth actions. This stage of volatility is manageable and doesn’t point out excessive worth swings are probably.
Final Oscillator is 51.047 – Just like the RSI, this worth is simply barely above the midpoint of fifty, suggesting a balanced market with a slight bullish bias.
ROC is 3.196 – The Fee of Change is optimistic, indicating that XRP’s worth has elevated by about 3.2% over the measurement interval. This reveals modest optimistic momentum.
Learn additionally: Can Ripple Really Overtake Ethereum? Analyst Weighs In on XRP Path to $100
Weekend XRP Price Predictions
Primarily based on the technical indicators and present market state of affairs, right here’s what we’d count on for XRP this weekend:
Base case situation: XRP is prone to proceed buying and selling within the $2.35 to $2.45 vary. The impartial RSI and near-zero MACD counsel a sideways motion reasonably than a powerful directional transfer. The marginally optimistic indicators (CCI and ROC) could present sufficient assist to stop vital drops.
Pessimistic situation: If broader crypto market sentiment turns detrimental, the XRP price could test assist round $2.25. With out robust whale shopping for curiosity, as talked about earlier, there isn’t a lot to cushion a possible fall if promoting strain will increase.
Optimistic situation: If excellent news comes out or if the entire crypto market goes up, XRP may attain $2.50 once more. If it might probably break by $2.50, it might presumably climb to $2.60. Nonetheless, this would want extra individuals to begin shopping for XRP and buying and selling quantity to extend.
The average ATR means that excessive worth actions are unlikely until triggered by surprising information or developments within the Ripple-SEC case.
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