XRP Price Could Fall Further As Multiple Indicators Flash Bearish Signals

XRP has been trying to hold steady, but the chart suggests some warning signs. Analyst Ali pointed out that a rejection around $2.90 could trigger a pullback toward $2.70.

The price action shows XRP climbing into resistance only to struggle breaking higher. This type of pattern often signals exhaustion, where buyers are losing steam and sellers start regaining control.

@ali_charts / X

The attached chart shows this risk. If XRP fails to push past the $2.90 barrier, the path of least resistance may tilt downward. That opens the door for a drop closer to $2.70, where a stronger support zone sits.

Technical Indicators Turn Bearish on Ripple Price

Looking beyond the hourly setup, the daily chart readings on Investing.com tell a similar story. Most of the technical indicators are flashing bearish signals. Here’s a snapshot:

Name Value What the Reading Suggests RSI (14) 43.894 Below 50, pointing to weak momentum and a tilt toward selling pressure STOCH (9,6) 32.695 Near oversold levels but still leaning bearish MACD (12,26) -0.08 Negative reading, showing momentum on the downside Ultimate Oscillator 39.654 Below 50, signaling more selling than buying interest ROC -7.586 Negative rate of change, confirming downward bias

The moving averages also reinforce the bearish setup. Shorter timeframes like MA5, MA10, and MA20 are signaling weakness, while longer-term averages such as MA100 and MA200 are still supportive. That contrast suggests XRP may still be in a broader uptrend, but the short-term direction looks heavy.

What This Means for Ripple Price Going Forward

Although the chart leaves some room for a short bounce, the overall signals lean bearish. A push toward $2.90 could happen, but without a clean breakout, sellers are likely to step in. That makes a dip back to $2.70 a realistic scenario in the near term.

Read Also: Ethereum and Bitcoin ETFs See Heavy Outflows, Prices Drop in Response

The key takeaway is that Ripple’s XRP price is caught in a battle between short-term weakness and long-term support. Traders watching this level will want to see whether XRP can finally clear $2.90 or whether the bearish indicators win out first.

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