The post XRP Price Prediction For March 4 appeared first on Coinpedia Fintech News Ripple’s XRP is currently down by more than 18% and is trading at $2.30 levels. The broader market sentiment has turned red after a brief rally which saw Bitcoin hitting $95k. According to analyst Josh of Crypto World, XRP is following the trends of Bitcoin and the broader stock market. After a short-term price pump, XRP recently experienced a pullback, particularly after briefly breaking above the resistance zone between $2.65 and $2.80. However, the price is now back below this level, Key Support and Resistance Levels The next important support zone for XRP lies between $2.25 and $2.30. If the price bounces here, there could be a short-term recovery. However, if it breaks below $2.25, a further drop towards $2 or even the $1.95-$2.05 range is likely. This zone will be critical for XRP in the near future. Price Structure and Indicators On a more positive note, there are some signs of bullish price action. XRP has formed higher highs in both price and RSI (Relative Strength Index), suggesting a possible shift toward a more bullish market structure. This makes it less likely that the current bearish divergence will continue. Influence of Bitcoin If Bitcoin continues its sideways movement or further declines, XRP may mirror these actions. It’s likely that XRP will experience some consolidation in the short term before making a bigger move. Short-Term Indicators and Overbought Conditions XRP recently showed an oversold signal, which led to a short-term bounce. Now, the RSI is indicating overbought conditions, suggesting a pullback could be on the horizon. Historically, XRP has shown price pullbacks after such overbought signals, and this time may be no different. However, the RSI is now resetting to more neutral levels, which may indicate a pause in the current bearish price action.
In a recent post on March 4th, **CryptoQuant’s** Research Director **Julio Moreno** emphasized the implications of Trump’s **tariffs** on the **global economy**. He pointed out that prolonged uncertainties brought by
The cryptocurrency market is facing a significant downturn once again, with market sentiment shifting from ‘panic’ to ‘extreme…
COINOTAG News reported on March 4th that Cameron Winklevoss, co-founder of Gemini, expressed optimism regarding the **cryptocurrency strategic reserve plan**. However, he voiced his astonishment over the types of **digital
In a significant update from Binance, an official announcement revealed that the exchange will eliminate several leverage trading pairs effective March 11, 2025, at 14:00 (GMT+8). Specifically, the pairs slated
The price of bitcoin (BTC) plunged to $82,618 per coin as of 9 p.m. Eastern Time on Monday, marking a significant downturn in the broader cryptocurrency market. The total crypto economy has contracted by more than 12% against the U.S. dollar, now valued at $2.72 trillion. Bitcoin, Ethereum, and Solana Suffer Heavy Losses as Sell
On March 4th, **COINOTAG News** reported that an **ancient Ethereum whale**, previously known for its extensive holdings, has executed a significant transaction. The entity, identified as the “Ethereum ICO 560K
XRP price started a fresh decline from the $3.00 resistance. The price is up down over 20% and might extend losses below the $2.20 support. XRP price started a fresh decline from the $3.00 zone. The price is now trading below $2.50 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $2.40 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might continue to move down if it breaks the $2.20 support zone. XRP Price Reverses XRP price rallied above the $2.50 and $2.80 levels before the bears appeared, like Bitcoin and Ethereum . The price failed to clear the $3.00 resistance and started a fresh decline. There was a sharp move below the $2.80 and $2.60 levels. The price traded below the 50% Fib retracement level of the upward move from the $1.95 swing low to the $3.00 high. There was also a break below a connecting bullish trend line with support at $2.40 on the hourly chart of the XRP/USD pair. The price is now trading below $2.40 and the 100-hourly Simple Moving Average. It is now finding bids just above the 76.4% Fib retracement level of the upward move from the $1.95 swing low to the $3.00 high. On the upside, the price might face resistance near the $2.35 level. The first major resistance is near the $2.40 level. The next resistance is $2.4750. A clear move above the $2.4750 resistance might send the price toward the $2.620 resistance. Any more gains might send the price toward the $2.700 resistance or even $2.750 in the near term. The next major hurdle for the bulls might be $2.80. More Losses? If XRP fails to clear the $2.40 resistance zone, it could start another decline. Initial support on the downside is near the $2.20 level. The next major support is near the $2.120 level. If there is a downside break and a close below the $2.120 level, the price might continue to decline toward the $2.050 support. The next major support sits near the $2.00 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.20 and $2.120. Major Resistance Levels – $2.40 and $2.4750.
Economic uncertainty and trade tensions may dampen investor confidence, potentially leading to prolonged volatility in crypto markets. The post Crypto market in free fall ahead of Trump tariff deadline—XRP, ADA, SOL post double-digit losses appeared first on Crypto Briefing .
Cardano (ADA) has experienced a remarkable surge following the announcement of a U.S. Crypto Strategic Reserve, igniting a flurry of market speculation. This rapid price increase raises questions about the