XRP (XRP) Price Prediction for July 26
The post XRP (XRP) Price Prediction for July 26 appeared on BitcoinEthereumNews.com. XRP price is trading near $3.06 in today’s session after a sharp selloff rejected the recent upside above $3.40. Momentum has shifted in favor of sellers following back-to-back rejections at the Supertrend flip zone. Multiple indicators now point to weakening bullish strength, as short-term support near $3.00 becomes increasingly critical. What’s Happening With XRP’s Price? XRP price dynamics (Source: TradingView) On the daily chart, XRP price action recently broke out of a large descending structure and rallied sharply toward $3.63. However, price has since reversed and is now pulling back into the prior consolidation zone between $3.00 and $3.20. The rejection candle printed on July 23 marked a temporary local top, and price is now forming lower highs as it tests mid-range support. XRP price dynamics (Source: TradingView) The 4-hour chart shows a clear rejection from the red Supertrend zone at $3.42, with current price trading well below that level. Structure has now flipped neutral to bearish in the short term. Unless XRP reclaims $3.28 and re-enters the bullish support band, the risk of deeper downside remains elevated. Directional Movement Index (DMI) further supports this view. The -DI at 39.55 is leading, while ADX rises steadily, suggesting bearish strength is building. If the +DI continues to fall, any short-term bounces may be capped under $3.17 to $3.20. Why Is The XRP Price Going Down Today? The reason why XRP price going down today lies in the shift in momentum and increased outflows. As of July 25, net outflow from spot exchanges totaled nearly $12 million, according to blockchain data, confirming that investors are rotating capital out of XRP. The XRP price dynamics (Source: TradingView) RSI on the 1-hour chart is at 39.83, signaling fading strength, while MACD has turned negative with both signal lines diverging below zero. XRP price dynamics…
The post XRP (XRP) Price Prediction for July 26 appeared on BitcoinEthereumNews.com.
XRP price is trading near $3.06 in today’s session after a sharp selloff rejected the recent upside above $3.40. Momentum has shifted in favor of sellers following back-to-back rejections at the Supertrend flip zone. Multiple indicators now point to weakening bullish strength, as short-term support near $3.00 becomes increasingly critical. What’s Happening With XRP’s Price? XRP price dynamics (Source: TradingView) On the daily chart, XRP price action recently broke out of a large descending structure and rallied sharply toward $3.63. However, price has since reversed and is now pulling back into the prior consolidation zone between $3.00 and $3.20. The rejection candle printed on July 23 marked a temporary local top, and price is now forming lower highs as it tests mid-range support. XRP price dynamics (Source: TradingView) The 4-hour chart shows a clear rejection from the red Supertrend zone at $3.42, with current price trading well below that level. Structure has now flipped neutral to bearish in the short term. Unless XRP reclaims $3.28 and re-enters the bullish support band, the risk of deeper downside remains elevated. Directional Movement Index (DMI) further supports this view. The -DI at 39.55 is leading, while ADX rises steadily, suggesting bearish strength is building. If the +DI continues to fall, any short-term bounces may be capped under $3.17 to $3.20. Why Is The XRP Price Going Down Today? The reason why XRP price going down today lies in the shift in momentum and increased outflows. As of July 25, net outflow from spot exchanges totaled nearly $12 million, according to blockchain data, confirming that investors are rotating capital out of XRP. The XRP price dynamics (Source: TradingView) RSI on the 1-hour chart is at 39.83, signaling fading strength, while MACD has turned negative with both signal lines diverging below zero. XRP price dynamics…
What's Your Reaction?
