The XRP/USDT daily chart shows the token consolidating near $2.45 after rebounding from the $2.40 support zone. The MACD remains in bearish territory but is showing early signs of convergence, hinting at a possible momentum shift. Meanwhile, the RSI hovers around 41, indicating XRP is approaching an oversold region. A break above $2.59 could signal a short-term recovery, while failure to hold above $2.40 may expose the price to a deeper correction toward $1.62 support.
In conclusion, XRP’s short-term outlook hinges on reclaiming the $2.60 resistance, which could open the door for a retest of $2.85–$3.00 levels if buying momentum strengthens. On-chain data shows increased whale accumulation near $2.40, suggesting smart money may be positioning for a rebound. However, sustained weakness below $2.40 could invalidate this bullish setup, dragging prices toward $1.80 or even $1.62. For now, XRP’s path forward depends on whether accumulation translates into a confirmed technical breakout.
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