Crypto · Neuralis Cap article

XRP breaks below 1.1643 support, stays in bearish pressure

XRP slipped to 1.1557, breaking the 1.1643 support level. The move equals 0.8 of the 14‑day ATR, with RSI at 32.9 and a bearish regime.

The XRP/USDT pair is trading at 1.1557, reflecting a 4.21 % decline from the prior daily close of 1.179. The price moved beneath the previous support level of 1.1643, triggering the break‑down condition. According to the data, the move corresponds to 0.8 times the 14‑day average true range, which is 5.07 %.

The 14‑period RSI stands at 32.9, indicating selling pressure, while the 14‑period ADX reads 18.5, pointing to a weak trend. Both the 50‑period EMA (1.3252) and the 200‑period EMA (1.3153) sit above the current price, reinforcing the bearish regime classification.

Market‑wide, the fear‑greed index is at 25, labeled Extreme Fear, and Bitcoin dominance remains at 59.3 %. Twenty‑four‑hour quote volume totals 134.7 million USD, suggesting moderate activity during the session.

Neuralis Cap article

Data: Neuralis Cap (Binance daily candles, Alternative.me Fear & Greed, CoinGecko BTC dominance)

Market impact

Should XRP remain below the 1.1643 threshold, it may test the lower 24‑hour low of 1.1519 for additional downside. A clear reversal would likely require a move above the 50‑period EMA at 1.3252, shifting the current bearish bias. In an environment marked by Extreme Fear and strong Bitcoin dominance, buyers may stay hesitant, keeping downward pressure unless external developments change market sentiment.

Neuralis Cap analysis for informational purposes only. It does not constitute investment advice.

Article written by Neuralis Cap with AI assistance solely from the data and primary sources listed. It does not constitute investment advice.

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