This Is What Could Halt XRP Price From Forming a New ATH | Airdrop Alert Pro

XRP price is facing difficulties in continuing its bullish momentum, which is hampering its potential to reach new all-time highs (ATH).

Despite the recent uptrend, the cryptocurrency’s difficulty in maintaining sustained gains has raised concerns, especially as bearish sentiment begins to build.

XRP Faces Bearish Price

Ripple CEO Brad Garlinghouse recently appeared on the show “60 Minutes” where he talked about XRP and cryptocurrencies. When discussing the future of cryptocurrencies and regulatory challenges, Garlinghouse said Ripple has been asking for clear rules.

“We have not asked for deregulation. We have always asked for regulation,” point out Garlinghouse.

Regulation in the cryptocurrency space has been a topic of concern for some time. However, with pro-cryptocurrency Donald Trump taking office, crypto enthusiasts expect this may change.

Nonetheless, the outlook for XRP price is not particularly positive at the moment. Price Daily Active Address (DAA) divergence has been flashing sell signals over the past few days. Rising prices and declining participation (active addresses) are bearish signals for XRP.

Historically, such developments have resulted in price drops, and the same may happen with XRP this time around. Long-term investors and XRP enthusiasts can counter this by going bearish.

Additionally, the Moving Average Convergence Divergence (MACD) indicator also signals a shift in momentum. After more than a month of positive momentum, the MACD is now showing signs of bearish pressure.

This shift suggests that XRP’s bullish trend has run out of steam and a reversal in price direction may be imminent. Investors who were once optimistic about XRP’s potential now face growing uncertainty.

Declining momentum indicates XRP possible Facing difficulties breaking through key resistance levels. With MACD issuing a bearish crossover signal, many traders are re-evaluating their positions. This shift suggests that the price of XRP may encounter more downward pressure, making it more difficult to reach the coveted new ATH above $3.31.

XRP Price Prediction: Support remains unchanged

Ripple price The current price is $2.14, which is about 54% lower than the previous ATH of $3.31. While the altcoin remains above key support at $2.00, the road to new ATH appears to be challenging. The combination of waning bullish momentum and growing bearish sentiment suggests that a move above $3.31 is unlikely in the near term.

For XRP to retain its bullish potential, it needs to remain above the $2.00 support. However, if this support fails to hold, the altcoin may experience a more severe decline, possibly as low as $1.28. Losing this level will severely weaken XRP’s chances of reaching new heights.

Despite the bearish signal, if Ripple can Once it regains its footing and holds support at $2.00, there may be room for a rebound. Investors will be watching this level closely to gauge whether a recovery is possible. For now, however, the outlook appears uncertain, with significant headwinds ahead.