XRP has dropped for three days in a row, and it might extend that streak to four today, as the token hit a major sell wall at $2.35. But this might just be a minor setback for bullish XRP price predictions.
In the past 7 days, this altcoin has booked a 10.5% gain, being the top-performing asset in the top 5 during this period.
Trading volumes jumped as buying pressure accelerated. However, bulls encountered strong selling pressure at $2.35. This level coincides with the 200-day exponential moving average (EMA).
The price action clearly rejected a move above this key line, indicating that the market is not yet ready to reverse its course.
Meanwhile, XRP exchange-traded funds (ETFs) booked their first day of negative net inflows since the first of these vehicles was listed in the United States.
XRP Price Prediction: XRP Needs to Stay Above $1.95 to Keep the Rally Alive
As a result of the latest rally, XRP broke its bearish price structure and has already formed what could be the first leg up of an uptrend.
The $1.95 level remains the key support to watch, as this is an important structural area.
Source: TradingViewIf the price dips below this mark, it would mean that sellers are still in control of the price action, and this latest climb was just a “relief rally.”
Instead, if XRP bounces back strongly off this mark, or before it hits it, the uptrend will stay alive.
The next milestone would be breaking past the 200-day EMA to confirm that buyers have the strength to keep pushing the price to new heights.
The crypto market is sending all kinds of signals that a recovery has started. Same as XRP, a top crypto presale called Bitcoin Hyper ($HYPER) is seeing huge interest for bringing Solana technology to the Bitcoin blockchain.
Bitcoin Hyper ($HYPER) Uses Solana’s Architecture to Build Bitcoin’s Future
Bitcoin Hyper ($HYPER) is a high-potential presale aiming to unlock the next evolution of Bitcoin by making it faster, cheaper, and ready for real DeFi.
Built as a Layer-2 solution using Solana’s powerful tech, it slashes transaction costs and dramatically boosts speed, solving the biggest challenge developers have faced when building on Bitcoin.
With this breakthrough, Bitcoin Hyper clears the path for new decentralized apps to launch on Bitcoin for the first time, including meme coin launchpads, payment platforms, and more.
This isn’t just a faster Bitcoin, it’s a new foundation for what the Bitcoin ecosystem can become.
BTC holders will soon be able to earn yield, stake, and lend their tokens using the Hyper Bridge, a secure gateway that keeps their assets on the original Bitcoin blockchain while unlocking access to the Hyper Layer-2 network.
This seamless connection between Bitcoin and the faster Hyper ecosystem opens the door to real utility without compromising on security.
As top wallets and major exchanges move to support this solution, demand for $HYPER could surge significantly.
To buy $HYPER before it lists on exchanges, simply head to the official Bitcoin Hyper website and connect any supported wallet (e.g. Best Wallet).
You can either swap USDT or ETH for it or use a bank card to complete the transaction in seconds.
Visit the Official Bitcoin Hyper Website HereThe post XRP Price Prediction: Three Straight Red Days – Is This Just a Pullback or the Start of a Panic Selloff? appeared first on Cryptonews.
