XRP Drops by 10% Again as the Altcoin Struggles to Hold Gains | Airdrop Alert Pro

XRP soared 30% after being listed in U.S. cryptocurrency reserve yesterday. This raises its price to over $2.90 for the first time in a month. This massive rally ignited a strong bullish momentum, but altcoins fell 10% every day after 10%.

XRP saw significant corrections today, which suggests profits are underway. Whether the price can resume bullish momentum or continue its retracement depends on key resistance and support levels, traders are closely watching $2.75 on the upside, while the price on the downside is $2.52.

XRP RSI is neutral after reaching too many levels

XRP’s power surges Behind the US crypto protection area. Its price gathers 30%, driving the relative strength index (RSI) to a peak of 84.5.

RSI is a widely used momentum oscillator that measures the speed and changes of price changes in a ratio of 0 to 100. The reading is above 70, which indicates that there are too many assets, which may be due to a callback. The following readings of 30 hint at too many conditions and potential buying opportunities.

XRP’s RSI reaches 84.5, its highest level since December 2, 2024 – the signal expresses extreme bullish sentiment, usually before a short-term correction.

The RSI of XRP, now at 63, has been radiating from its excessive areas, reflecting the recent price backtrack. While readings over 60 still indicate bullish momentum, a decline from extreme levels may indicate that buying pressure is weakening.

If RSI continues to fall toward neutral zone 50, XRP can see further mergers, even deeper callbacks.

However, if the buyer steps in and raises the RSI above 70, it may mark the intensity of the update and another potential attempt at a higher price level.

Ichimoku Cloud shows bullish settings are still here, but this may change

XRP Ichimoku cloud chart analysis shows that prices have sharp breakthroughs above the cloud (kumo) After including 30% in U.S. crypto reserves.

This breakthrough confirms strong bullish action, with XRP far exceeding Tenkan-Sen (blue line) and Kijun-sen (red line), a signal of short- and medium-term trend strength.

The sharp spikes push XRP into over-expanding territory. However, as seen in the last few candles, the callback has begun, bringing the price closer to Kijun-sen.

This suggests that while the uptrend remains unchanged, the market is reevaluating its recent earnings, while XRP is testing major short-term support.

If the price is higher than Kijun-sen, XRP prices can be combined Before trying again at a higher resistance level.

However, if the correction deepens and the XRP falls back to the cloud, it may indicate momentum loss. The future cloud (Senkou spans A and B) is still bullish, but somewhat flattened. This shows that the market is at a critical point.

XRP price may be hard to reach $3

XRP soared to nearly $2.95 after XRP incorporated it into the U.S. crypto protection zone, marking a sharp bullish move.

However, after this rapid climb, prices have begun to correct over the past few hours, indicating that some traders are making profits.

The technical outlook now depends on whether the upward trend can restore strength. If buying stress returnsXRP can test the $2.75 resistor again. A breakout above this level may see it retest $2.96, which has been a barrier during yesterday’s rally.

A successful move beyond this resistance will open the door to a push of $3.15, the first time XRP has traded $3 since February 1. SEC targets XRP It may be a potential motivation.

On the downside, if the correction continues and sales pressure increases, XRP price can be found support $2.52. Failures below this level will make the next critical support $2.36. Further declines could push prices toward $2.15 and $2.06.

This could be driven if more questions begin to arise about the assets contained in the U.S. crypto reserves. Harrison Seletsky, business development director for Space ID, digital identity platform, told Beincrypto that these assets are odd choices for reserves:

“I’m certainly surprised that U.S. President Donald Trump chose to announce a mature crypto strategic reserve, not just the Bitcoin strategic reserve that everyone expects. Apart from that, the choice of assets is also unusual. eth and sol Given their strong and growing developer activity, it makes sense. However, I’m not sure why XRP and ADA are not included at all, as they are actually ghost chains Ethereum and Solana. Indeed, total value lock (TVL) and Stablecoin Compared with other ecosystem players, XRPL and Cardano have very little power, at $80 million and $460 million, respectively. In my opinion, this makes some way the whole concept of crypto reserve assets (like industry pillars, bitcoin, ether and Solana,” Harrison Seletsky told Beincrypto.

If bearish momentum is significantly enhanced, XRP may be below the psychological $2 standard, while $1.77 appears as the next major support level.