Ripple Price Prediction: XRP/USD extends the decline amid growing bearish sentiments – Confluence Detector

XRP/USD failed to hold the ground above $0.1900.
An important local support is created by 4-hour SMA200.

Tanya Abrosimova Independent Analyst

Ripple (XRP) has recovered from the recent dip to $0.1783, but the further recovery is limited. The third digital asset tested $0.1853 during early Asian hours and settled at $0.1830 by press time. A failure to regain ground above $0.1900 in the nearest future will be interpreted as a bearish signal for short-term traders. Ripple's total market capitalization is registered at $8.4 billion, while an average daily trading volume reached $2.0 billion.

Ripple confluence levels

There are a lot of strong technical barriers clustered both above and below the current price. The current technical situation implies that XRP is vulnerable to range-bound trading with a bearish bias. However, the sentiments may change, depending on the momentum on the global markets.

Resistance levels

$0.1900 - 38.2% Fibo retracement weekly 1-hour SMA50, 4-hour SMA50, 1-hour SMA200, daily SMA10
$0.1950 - the highest level of the previous day
$0.2000 - Pivot Point 1-day Resistance 2.

Support levels

$0.1780 - 4-hour SMA200
$0.1830 - 38.2% Fibo retracement monthly, Pivot Point 1-week Support 2
$0.1790 - 161.8% Fibo projection weekly

XRP/USD 1-day

Author

Tanya Abrosimova

Independent Analyst

Solana Price Forecast: Bearish grip tightens on SOL amid broader market sell-off

Solana is down 4% on Friday, extending losses below $80 and marking a nearly 10% decline so far this week. The broader cryptocurrency market is seeing heavy selling, with Bitcoin diving below $70,000 and wiping out more than $1 billion in the derivatives market. This adds to the sell-side dominance in SOL futures amid persistent outflows.

Cardano Price Forecast: On-chain and derivatives weakness point to further ADA downside

Cardano extends losses, trading below $0.169 on Friday, with losses nearing 4% so far this week. Moreover, ADA is heading into its sixth consecutive weekly correction, down more than 30% since early October.

Top 3 Price Predictions: BTC, ETH and XRP extend losses as downside momentum dominates

Bitcoin, Ethereum, and Ripple extend their sell-off on Friday as bearish momentum gathers. BTC breaks below the $70,000 psychological threshold, while ETH loses the $2,000 support level, raising the risk of further losses. Meanwhile, XRP continues to slide as sellers maintain control, threatening a deeper correction toward $1.00.

Hyperliquid gains on centralized exchanges as open interest crosses $18B

Hyperliquid's (HYPE) open interest climbed to a record $18.1 billion in September as the decentralized exchange gained ground against major centralized trading platforms, with its share of combined open interest across eight leading exchanges rising to 11.7% in Q3.

Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin (BTC) remains under pressure, down over 3% this week, trading near $75,500 on Friday and heading for its fifth straight weekly loss. Persistent outflows from US-listed BTC spot Exchange Traded Funds (ETFs), a sharp sell-off in US technology stocks, and rising market liquidations are weighing on sentiment and limiting Crypto King’s recovery attempts.

Ripple Price Prediction: XRP/USD extends the decline amid growing bearish sentiments – Confluence Detector