XRP Weekly Technical Analysis
XRP
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XRP Technical Analysis Summary
XRP is in the midst of a severe correction following a parabolic blow-off top that reached approximately 3.80, with the current price of 1.4739 representing a significant drawdown. The technical picture is bearish across timeframes, evidenced by price losing the 20 and 50-week moving averages and MACD momentum accelerating downward below the zero line. While the RSI at 32.80 suggests the asset is becoming oversold and may approach a stabilization point near the Lower Bollinger Band (1.3350), there are no visible signs of a reversal yet.
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XRP Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is in a steep vertical decline, trading well below the 20-week SMA, with the MACD histogram showing expanding negative momentum and the RSI falling rapidly toward oversold conditions.
Long-term Sentiment (weeks to months): Bearish
The chart shows a major structural breakdown after a parabolic top, with price failing to hold gains and dropping below the critical 50-week SMA (2.3513).
Report Metadata
- Timeframe: weekly
- Generated at: 2026-02-16T02:10:06.709Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $1.33 | $1.30 - $1.35 | Weak | Immediate dynamic support at the Lower Bollinger Band (1.3350). |
| $1.00 | $0.95 - $1.05 | Strong | Psychological support and area of previous breakout consolidation. |
| $0.60 | $0.55 - $0.65 | Strong | Long-term historical accumulation base. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $2.03 | $1.95 - $2.10 | Strong | Confluence of the 20-week SMA (2.0319) and previous consolidation during the drop. |
| $2.35 | $2.30 - $2.40 | Strong | Key trend filter resistance at the 50-week SMA. |
| $2.75 | $2.70 - $2.80 | Weak | Upper Bollinger Band and breakdown level from the highs. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Blow-off Top / V-Top | Bearish | N/A | A parabolic price surge to ~3.80 followed immediately by a sharp capitulation, indicating a cycle climax. |
Frequently Asked Questions about XRP
What is the current sentiment for XRP?
The short-term sentiment for XRP is currently Bearish because Price is in a steep vertical decline, trading well below the 20-week SMA, with the MACD histogram showing expanding negative momentum and the RSI falling rapidly toward oversold conditions.. The long-term trend is classified as Bearish.
What are the key support levels for XRP?
StockDips.AI has identified key support levels for XRP at $1.33 and $1.00. These levels may represent potential accumulation zones where buying interest could emerge.
Is XRP in a significant dip or a Value Dip right now?
XRP has a Value Score of 62/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.