XRP Daily Technical Analysis
XRP
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XRP Technical Analysis Summary
XRP is in a confirmed long-term downtrend characterized by a Death Cross and price action well below key moving averages. While the immediate momentum is strongly bearish, the RSI reading below 30 suggests the asset is oversold and may experience a relief rally or consolidation near the lower Bollinger Band. Key resistance lies overhead at the 1.86 level, and the trend remains bearish as long as price stays below the 50-day SMA.
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XRP Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is in a steep downtrend trading below the 20-day SMA and near the lower Bollinger Band. Momentum indicators like MACD are negative, though RSI at 28.79 indicates oversold conditions which could lead to a temporary pause or bounce.
Long-term Sentiment (weeks to months): Bearish
The chart shows a confirmed 'Death Cross' (50 SMA below 200 SMA), with both major averages sloping downward. Price structure is defined by consistent lower highs and lower lows.
Report Metadata
- Timeframe: daily
- Generated at: 2026-02-03T13:01:43.716Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $1.57 | $1.56 - $1.57 | Weak | Coincides with the current Lower Bollinger Band (1.5661). |
| $1.49 | $1.48 - $1.50 | Strong | Psychological round number support and potential extension target. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $1.84 | $1.80 - $1.87 | Strong | Zone containing recent breakdown levels and the 20-day SMA (1.8660). |
| $1.96 | $1.93 - $2.00 | Strong | Confluence of the 50-day SMA (1.9365) and the psychological $2.00 level. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Death Cross | Bearish | N/A | The 50-day SMA has crossed below the 200-day SMA, indicating a shift to a long-term bearish trend. |
| Strong | Descending Channel | Bearish | $1.50 | Price has been adhering to a downtrend structure with lower highs and lower lows since late 2025. |
| Weak | Oversold RSI | Neutral | N/A | RSI is currently at 28.79 (below 30), suggesting the selling pressure may be overextended in the short term. |
Frequently Asked Questions about XRP
What is the current sentiment for XRP?
The short-term sentiment for XRP is currently Bearish because Price is in a steep downtrend trading below the 20-day SMA and near the lower Bollinger Band. Momentum indicators like MACD are negative, though RSI at 28.79 indicates oversold conditions which could lead to a temporary pause or bounce.. The long-term trend is classified as Bearish.
What are the key support levels for XRP?
StockDips.AI has identified key support levels for XRP at $1.57 and $1.49. These levels may represent potential accumulation zones where buying interest could emerge.
Is XRP in a significant dip or a Value Dip right now?
XRP has a Value Score of 99/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.