XRP Price Holds to Near Two-Year Streak, But Charts Flash a Warning Sign
Crypto remains weak: Bitcoin is below $64,000, Ethereum is near $1,900, and traders still see no clear bottom, while U.S. stocks and AI names are stronger. XRP is holding just above $1, rising about 1.1% to around $1.00 after briefly dipping below that level intraday. It has closed above $1 every day since November 2024, but that streak has nearly broken twice this month after a bridge exploit and recent selling pressure. Technically, XRP is under bearish pressure on the daily chart, with the 50-day EMA below the 200-day EMA, signaling a death cross. Weekly trend structure is still intact, but weakening, and the weekly ADX suggests a strong downtrend. Key resistance sits around $1.07–$1.09, then $1.1264, while support is near $0.98 and major support around $0.9061. Political/regulatory delays and weaker price targets add to the bearish tone, though whale buying near $1 has provided some support.
