"XRP's price dropped below the 200-week EMA at $1.40, which has now flipped into resistance. Analysts suggest a potential drop to $0.80 if this trend continues."
"Historically, XRP has seen significant selloffs after losing the 200-week EMA, with past lows reaching $0.11 in March 2020 and $0.28 in May 2022."
"Analyst ChartNerd emphasizes that bounces below the 200-week EMA often appear as recoveries but can be traps, leading to further declines."
"A weekly close above $2.00 would indicate a break from the 2022 pattern, while anything below keeps the $0.80 to $0.90 target viable."
XRP's current price is around $1.30-$1.33, below the 200-week EMA of $1.40, which has become resistance. Historical patterns show that after losing the 200-week EMA, XRP has experienced significant declines. In 2018 and 2022, XRP fell sharply after losing this key level, with the 2022 drop leading to a low of $0.28. Analysts warn that any rally below the 200-week EMA could be deceptive, and a close above $2.00 is needed to confirm a recovery. The $1.28 support level has held in 2026 so far.
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