$XRP Price Prediction: Can It Go Back to 2018 Levels? - BeinCrypto Analytics

XRP’s price dynamics are at a critical juncture following its rally to $1.63, its highest point since 2018. While the current Relative Strength Index (RSI) of 53.2 reflects neutral momentum, it suggests a cooling phase after recent overbought conditions (RSI > 70 from Nov 21-23). This leaves XRP in consolidation mode, poised for potential movement in either direction.

The Chaikin Money Flow (CMF) has shifted from 0.10 to -0.05, indicating reduced capital inflows and mild bearish sentiment. Although selling pressure is increasing, it’s less intense compared to previous corrections. A further decline in CMF could heighten bearish risks.

Exponential Moving Averages (EMA) remain bullish, with short-term lines above long-term ones. However, the narrowing gap signals weakening bullish momentum, raising the possibility of a trend reversal.

Key Levels to Watch:

Support: $1.27 (strong), $1.05 (major correction).

Resistance: $1.63 (recent peak), $1.70 (highest since 2018).

For a breakout above $1.63, renewed buying pressure is essential. Conversely, failure to hold $1.27 could trigger a deeper retracement.