$XRP Holds to Dollar Price Line but Charts Warn of Trouble Ahead

The price of XRP is clinging to the dollar line it's defended since Trump's reelection in November 2024, but charts show a bearish trend.

$XRP is trading around $1.0046, after opening at $0.9935 and dipping to an intraday low of $0.9882.

The daily chart shows the technical damage is already done, with the 50-day exponential moving average below its 200-day counterpart, confirming sellers have run the short-to-medium-term trend for weeks.

The weekly chart also shows a warning sign, as the gap between the two EMAs has been closing for months and the Average Directional Index now reads 33.7, signaling a strong trend reading pointed in the wrong direction for anyone long the token.