CoinGecko and exchange spot data showed XRP (XRP) down 3.66% over 24 hours at $0.9892 as of 5:13 a.m. ET (10:13 UTC), while an unnamed chartist’s analysis maps lower support levels.
The chartist marks $0.63 as the next support area and sketches a possible move toward $0.60. The plotted map has no lower support marker. These are levels in the chartist’s analysis, not confirmed future prices.
The daily momentum readings in the setup remain weak. The relative strength index (RSI) was near 19, below 30, a mark commonly used for oversold conditions. A reading below that threshold can persist during a sustained decline and does not by itself show that selling has ended. The moving average convergence divergence (MACD) reading remained beneath its signal line, a position the chartist’s framework associates with downward momentum.
On the two-week chart, the Gaussian Channel had shifted into red. XRP traded beneath its 50-day average at about $1.25 and its 200-day average near $1.34. The analysis treats both averages as resistance, with $1.25 the nearer hurdle and $1.34 the next.
The chartist marks $1.20 as nearer resistance and $1.31 as the next level. A daily close above $1.20 would be an early sign in this setup that selling pressure may be easing. The chartist’s framework suggests that moving above the listed barriers would improve the longer-term trend picture.
The new markers differ from those in a separate CoinGape analysis covered earlier by EconoTimes, which identified $1.14-$1.15 as near-term support and $1.00-$0.99 as the lower end of its range.
The chartist’s longer-range scenario lists $60 ahead of $180, with no schedule for either projection. Those levels are part of the chartist’s outlook; the analysis does not specify when they might be reached.
