{"id":75172,"date":"2025-06-21T20:00:01","date_gmt":"2025-06-21T20:00:01","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=75172"},"modified":"2025-06-21T20:00:01","modified_gmt":"2025-06-21T20:00:01","slug":"xrp-daily-rsi-trendline-breaks-down-what-it-means-for-price","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=75172","title":{"rendered":"XRP Daily RSI Trendline Breaks Down \u2013 What It Means For Price"},"content":{"rendered":"

After weeks of lower highs and higher lows<\/a>, XRP\u2019s daily candlestick price chart is now giving a signal that could dictate the next major move. Although the token is still holding above key horizontal levels near $2.13, technical data suggests momentum is starting to slip. A technical analysis of XRP\u2019s daily RSI indicator offers a clue into what comes next, and it\u2019s not necessarily bullish <\/a>in the short term.<\/p>\n

XRP RSI Breakdown: Loss Of Strength In Momentum<\/h2>\n

According to an analysis posted by <\/a>crypto chartist CasiTrades on the social media platform X, XRP\u2019s Relative Strength Index (RSI) has just broken beneath<\/a> a well-respected trendline that had been tracking higher lows since early April. The breakdown of this RSI structure, which is shown on the lower half of the chart below, is a strong shift in the short-term momentum dynamics for XRP. <\/p>\n

It shows that despite the XRP price holding relatively flat above the 0.5 Fibonacci level at $2.13, internal market strength has clearly weakened.<\/p>\n

The RSI had been forming a tightening wedge pattern for weeks, just like the price action\u2019s compression at the apex of a symmetrical triangle on the daily timeframe. This type of RSI trendline break typically signals a coming volatility expansion, and as the analyst warns, the release may come with a sharp sweep to major support before XRP reverses.<\/p>\n

It\u2019s a common occurrence for major price reversals to be preceded by a push into lower supports. In the case of XRP, crypto analyst CasiTrades highlighted some price targets to watch for reversals in case there\u2019s a breakdown in XRP price.<\/p>\n\n

Support Levels At Risk: XRP Searching For Rebound Level<\/h2>\n

XRP\u2019s price action is now entering an important<\/a> test phase, one that could take its price lower before rebounding for the next major rally. Analysis from CasiTrades shows a few demand zones where buyers have stepped in. These demand zones are situated at $2.01, which aligns with the 1.236 Fibonacci extension, the $1.90 price level, and $1.55, which corresponds with the 0.618 retracement level from one of the recent rallies.<\/p>\n

These levels are filled with enough liquidity, and until XRP breaks and holds above $3<\/a>, these supports will always be in play. If XRP hits one of these support levels cleanly and exhibits a sharp V-shaped recovery, that would signal the market found its pivot. <\/p>\n

However, if XRP approaches these levels and stalls or bounces prematurely, that may lead to a final shakeout move, forming a deeper low before the real reversal begins. Either way, the RSI breakdown has now tilted short-term risk toward the downside, at least until price confirms a strong reclaim above $2.50 and $3.<\/p>\n

At the time of writing, XRP is trading at $2.11, down by 2% in the past 24 hours.<\/p>\n

Featured image from Picjumbo, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"

After weeks of lower highs and higher lows, XRP\u2019s daily candlestick price chart is now giving a signal that could dictate the next major move. Although the token is still holding above key horizontal levels near $2.13, technical data suggests momentum is starting to slip. A technical analysis of XRP\u2019s daily RSI indicator offers a […]<\/p>\n","protected":false},"author":0,"featured_media":75173,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-75172","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/75172"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=75172"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/75172\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/75173"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=75172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=75172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=75172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}