$XRP traded sideways above support at $2.00 at the time this news was written on Friday. This cross-border remittance token is also below the declining 50-period Exponential Moving Average (EMA) at $2.06, the 100-period EMA at $2.10, and the 200-period EMA at $2.17 on the 4-hour chart, which limits recovery attempts and maintains a bearish configuration.
The green histogram bars of the Moving Average Convergence Divergence (MACD) have slightly turned positive, while the blue MACD line stands just above the red signal line, reinforcing a neutral tone. The Relative Strength Index (RSI) at 48 (neutral) has slightly increased, indicating a moderate improvement in momentum.
A downward trend line from $2.58 limits the rise, with resistance seen at $2.13. However, a sustained push through this barrier could drive a broader rebound.
The trend strength of XRP remains low as the Average Directional Index (ADA) has faded to 9.76, consistent with a range-bound phase. The upward trend line from $1.82 supports the base, offering support near $1.98, and holding above this base will keep the pullback controlled. Conversely, a breakout could accelerate downward pressure.
