Assessing the odds of XRP's price dropping by another 5% on the charts
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XRP is experiencing mixed trading signals with increasing selling pressure. The cryptocurrency is hovering near the $2 support level, with technical indicators suggesting potential bearish momentum. Traders are advised to monitor both XRP and Bitcoin trends carefully.
March 29, 2025 | 9:15 pm
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Technical analysis suggests XRP might experience a 5% price drop, testing the $2 support zone. Selling pressure has increased over the past week, with indicators showing bearish signals.
Multiple technical indicators (CMF, A/D, Awesome Oscillator) suggest increasing selling pressure. Short-term support broken, indicating potential further price decline.
CONFIDENCE 75
IMPORTANCE 85
RELEVANCE 100